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 Standard Chartered Keeps $100K Bitcoin Target. appeared on BitcoinEthereumNews.com.
Standard Chartered maintains its Bitcoin forecast despite recent market volatility and Strategy-related concerns. Strategy’s evolving Bitcoin treasury approach created uncertainty but does not weaken BTC’s outlook. The bank expects institutional demand and adoption to support Bitcoin’s long-term growth trajectory. Standard Chartered has reaffirmed its Bitcoin price target of $100,000 by the end of 2026, despite recent market volatility and concerns surrounding Strategy’s changing Bitcoin strategy. The global banking firm maintains that Bitcoin’s recent decline reflects temporary uncertainty rather than a shift in its long-term outlook. According to the bank, improved communication from Strategy could help restore investor confidence and reduce market pressure. Standard Chartered Maintains Bitcoin Bullish Outlook Standard Chartered continues to support its $100,000 Bitcoin forecast, describing t
Strive's flexible Bitcoin strategy highlights the balance between shareholder value and cryptocurrency volatility, impacting investor confidence.
The post Strive CEO Matt Cole says firm will sell Bitcoin if beneficial for shareholders appeared first on Crypto Briefing.
The post Bitcoin Gains Ground as US CBDC Ban Becomes Law Through 2030 appeared on BitcoinEthereumNews.com.
Crypto News The United States is enacting its first-ever ban on a central bank digital currency, as the 21st Century ROAD to Housing Act automatically becomes law at midnight without President Donald Trump’s signature. Under the Constitution, a bill approved by Congress takes effect after 10 days on the president’s desk while lawmakers remain in session, even absent a signature or veto. Trump confirmed he would not sign the measure, yet took no formal action to block it before the deadline. Tucked inside the housing-affordability package is a provision barring the Federal Reserve from issuing a digital dollar, a long-standing priority for the crypto sector and privacy advocates. The restriction prohibits the Federal Reserve from creating a CBDC — or any digital asset that is substantially similar — through Dec. 31, 2030, a window of roughly four and a half years. The bill text def
Standard Chartered maintains its Bitcoin forecast despite recent market volatility and Strategy-related concerns. Strategy’s evolving Bitcoin treasury approach created uncertainty but does not weaken BTC’s outlook. The bank expects institutional demand and adoption to support Bitcoin’s long-term growth trajectory. Standard Chartered has reaffirmed its Bitcoin price target of $100,000 by the end of 2026, despite […]
The post Standard Chartered Doubles Down: Bitcoin Still Set to Hit $100K in 2026 appeared first on Live Bitcoin News.
The post Bitcoin’s ‘next major buying opportunity’ forms in Q4 – Former NASA researcher explains why! appeared on BitcoinEthereumNews.com.
After a 2.32% increase over the previous day, Bitcoin [BTC] was trading at $64,380.20 at press time. The leading cryptocurrency, however, failed to overcome the resistance level at $80k, which it last reached in mid-May, despite the increase. Even though the four-hour chart’s RSI and MACD indicators, as well as the narrowing Bollinger bands, further imply that the bullish narrative is here to stay. Source: Trading View On-chain metrics raise red flags Nonetheless, the data from CryptoQuant’s most recent analysis paints a bleak picture, indicating that Bitcoin is not in a bear market or a confirmed recovery, but rather is in a transitional phase. On the one hand, conventional U.S. investors are being cautious. This is because since October 2025, about $10 billion has been pulled out of spot Bitcoin ETFs. Additionally, the Coinbase Premium has been n
The post Standard Chartered Reaffirms $100,000 Bitcoin Price Target appeared on BitcoinEthereumNews.com.
Bitcoin News Standard Chartered has reaffirmed a year-end 2026 price target of $100,000 for Bitcoin (BTC), holding to a bullish stance even as the asset trades well below that mark. In a note to investors, the bank’s global head of digital assets research, Geoffrey Kendrick, argued that recent weakness reflects a communication problem rather than any structural deterioration in the market. The forecast lands at a moment of visible caution across Bitcoin markets, with some analysts warning of a slide beneath $60,000. Standard Chartered’s view is that the pullback is a buying opportunity, not the start of a deeper unwind, and that Bitcoin can reclaim six figures. At the center of the call is a blunt assessment: the bank describes Bitcoin as a “screaming buy” around the $64,000 level where it currently changes hands. Kendrick’s team contends that market fear tied to recent selling by S
The post Empery Digital Sells 1,400 BTC for AI Expansion. appeared on BitcoinEthereumNews.com.
Empery Digital sold 1,400 BTC at an average price of $62,200, raising $87.1M. The company will use proceeds for debt repayment, property deals, and legal expenses. Empery Digital is shifting focus toward AI data centers and energy infrastructure. Empery Digital has sold 1,400 Bitcoin for approximately $87.1 million as the Nasdaq-listed company redirects capital toward debt repayment, property acquisition, and artificial intelligence infrastructure expansion. Empery Digital Converts Bitcoin Holdings Into Growth Capital Empery Digital disclosed that it sold 1,400 BTC between May 7 and July 10 at an average price of $62,200 per Bitcoin. The transaction generated around $87.1 million in proceeds, according to a filing submitted to the U.S. Securities and Exchange Commission. The company said the funds will support several financial priorities, including repaying $10 million in outstanding debt.
The post 1 Bullish Sign XRP Price May Break Out This Month appeared on BitcoinEthereumNews.com.
XRP price climbed 1.27% to $1.10 as the wider cryptocurrency market recorded renewed gains during active Friday trading. Bitcoin price rose 1.48% to $64,002, while Ethereum advanced 3.03% to $1,790. The overall crypto market rose by 1.54% to reach 2.19 trillion. The focus now shifts to the CLARITY Act in July. CLARITY Act Moves Closer to Senate Action H.R. 3633 was passed by the House on July 17, 2025 and received 294 votes in support. Another 134 representatives opposed the measure. The bill intends to have a national framework on the trading, supervision, and protection of digital assets. It also divides regulatory duties between the SEC and CFTC. The Senate Banking Committee advanced the proposal on May 14, 2026, through a 15-9 vote. That vote brought the bill further towards Senate action. In the case of XRP, increased regulation might lessen ambiguity regarding the classification of to
