The post BTC news: Elon Musk’s SpaceX moves bitcoin for the first time in six months appeared on BitcoinEthereumNews.com.
SpaceX (SPCX) apparently moved bitcoin BTC$62,063.69 across its wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of its $1.16 billion holding that don’t signal any impending sales. Data from Arkham Intelligence shows the largest transfer across addresses tagged as belonging to the company moved 0.00213 BTC, about $135, between two wallets. A second sent 0.00139 BTC, or about $89. In the third, Coinbase Prime’s custody service topped up a SpaceX address with 0.000738 BTC, around $47, the kind of small amount an exchange sends to cover network fees before a larger transaction can go through. SpaceX went public on June 12 in the largest IPO on record, and its filing put the company’s full bitcoin position on a public balance sheet for the first time. Small movements can draw attention after a share listing even t
The renegotiation highlights the challenges of aligning traditional finance with volatile crypto assets, impacting future SPAC-crypto ventures.
The post Cantor Fitzgerald-backed SPAC and Adam Back’s Bitcoin firm scrap original merger terms, start fresh negotiations appeared first on Crypto Briefing.
The post Crypto Market at Risk as BTC, ETH, XRP, and SOL Longs Build appeared on BitcoinEthereumNews.com.
Analyst Joao Wedson says unliquidated long positions are dominating BTC, ETH, XRP, and SOL. Alphractal charts show large, long-exposure buildings across major crypto assets, while weak upward movement has increased concerns over leveraged positions. XRP, ETH, and SOL show higher sensitivity due to heavier long accumulation. Bitcoin and major altcoins are facing increased leverage pressure as unliquidated long positions continue building across the market. Analyst Joao Wedson highlighted data from Alphractal showing that BTC, Ethereum, XRP, and Solana are carrying a large amount of open long exposure after a weak upward move. Notably, the charts shared by the analyst show concentrated long positions across multiple assets, creating a market structure where a sudden decline could force leveraged traders to close positions. Long Positions Increase Across Major Crypto Assets Alphracta
Metaplanet's acquisition could reshape Japan's financial landscape by integrating Bitcoin into traditional investment channels, challenging regulatory norms.
The post Metaplanet to complete Siiibo Securities acquisition on July 13 and launch Bitcoin-focused brokerage appeared first on Crypto Briefing.
The post Bitcoin Falls to $62,000 as Trump’s Iran Ceasefire Comments Rattle Markets – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin traded at $62,103 on July 8, down 1.91% after rejecting $64,169.63. MACD’s negative 751 reading was the lone bullish signal among 12 moving averages. Bulls need a daily close above $63,000 or the $57,735 support level comes into focus. One-Hour Chart Shows Buyers Losing the Short-Term Fight The one-hour chart shows Bitcoin printing in the $62,040 to $62,065 range, with lower highs and weaker candles forming as volume thins out. Buyers have not reclaimed the $62,800 to $63,000 zone that would flip the short-term structure back toward bullish. BTC/USD 1-hour chart via Bitstamp on July 8, 2026. A one-hour close above that band opens a path toward $63,800, then $64,200 to $64,650, with a stop below $62,200 keeping risk contained. A more aggressive entry near $61,700 to $62,000 depends on that zone holding and volume picking up, with $
Geopolitical tensions elevate market volatility, impacting oil prices and crypto, while escalating risks strain investor confidence globally.
The post Trump threatens to seize Iran’s Kharg Island as oil prices spike and Bitcoin wobbles appeared first on Crypto Briefing.
The post Analyst warns Bitcoin could slide to $56,550 amid Iran reversal appeared on BitcoinEthereumNews.com.
Following a short-term recovery above $64,000, Bitcoin (BTC) rapidly reversed and plummeted toward $62,000 in the night between July 7 and 8, leading one popular cryptocurrency analyst to warn that $56,550 might be its next target. Specifically, in a Wednesday X post, Ali Martinez explained that BTC was rejected after reaching the top of the channel at $63,600 and that it now faces a potential drop toward $59,700. The ultimate target of the downside, the on-chain expert added, could be as low as $56,550, considering that the price represents the bottom of the channel. Bitcoin $BTC is getting rejected at the top of its channel. This could trigger a pullback toward $59,700, with $56,550 as the next downside target. pic.twitter.com/GvI9fMFQbD — Ali Charts (@alicharts) July 8, 2026 How a reversal in Iran negotiations triggered a Bitcoin price crash Meanwhile, Bitcoin’s latest down
The post Saylor Says 3.3% BTC Annual Growth Can Fund STRC Dividends Forever appeared on BitcoinEthereumNews.com.
Saylor says 3.3% annual Bitcoin appreciation can fund Strategy’s dividends indefinitely. At 0% Bitcoin appreciation, Strategy reserves cover STRC dividends for 31 years. JPMorgan flagged that Strategy BTC sales could produce up to $1.25B in sell pressure. Strategy’s Michael Saylor has put a precise number on what it takes to make the company’s Bitcoin treasury model self-sustaining: a 3.3% annual appreciation rate in Bitcoin, which he is calling the BTC Breakeven ARR. Strategy currently holds 843,775 Bitcoin worth approximately $53.8 billion at current prices. Annual dividend obligations on its STRC preferred shares run at approximately $1.8 billion. Divide the dividend obligation by the Bitcoin reserve, and you get 3.3%, the minimum Bitcoin appreciation rate at which capital gains from selling a small portion of the stack can cover dividends indefinitely without depleting
This move could accelerate Bitcoin's integration into mainstream finance, potentially boosting institutional trust and influencing its market value.
The post New hampshire set to approve world’s first $100 million bitcoin-backed municipal bond appeared first on Crypto Briefing.