Cashu app enables offline bitcoin transactions via NFC technology

Escalating tensions in the Gulf could destabilize global markets, impacting energy prices, inflation, and investor risk appetite. The post Iran attacked: reports point to Bahrain and Kuwait as suspects as Bitcoin sells off appeared first on Crypto Briefing.

The post Over 15 Banks Race to Tokenize Finance, and It Could Affect Bitcoin appeared on BitcoinEthereumNews.com. More than 15 of the world’s largest banks are building tokenized finance on private blockchains, and JPMorgan says that shift, not MicroStrategy, poses the bigger long-term threat to Bitcoin (BTC). The bank’s analysts, led by Nikolaos Panigirtzoglou, argue that if payments and assets move onto permissioned networks, public blockchains could lose activity, liquidity, and capital over time. Wall Street Is Building Tokenized Finance at Scale JPMorgan’s Kinexys platform has processed more than $3 trillion since inception and now clears over $7 billion a day. JPMorgan built it as Onyx in 2020 and renamed it Kinexys in 2024, as CEO Jamie Dimon kept criticizing Bitcoin. Much of this activity runs on shared permissioned networks. On the Canton Network, DTCC is tokenizing the U.S. Treasuries it custodies, with a 2026 target. HSBC has completed a tokenized deposit pilot there, and Go

The post Tensions Soar: Bitcoin Faces a New Financial Landscape appeared on BitcoinEthereumNews.com. Geopolitical tensions between the US and Iran have made a significant impact on the cryptocurrency market, as seen on July 8 with Bitcoin experiencing a decline of more than 2% in a matter of hours. Triggered by President Donald Trump’s announcement of the ceasefire’s end, investors swiftly retreated from riskier assets, underscoring the interconnected nature […] Continue Reading:Tensions Soar: Bitcoin Faces a New Financial Landscape Source: https://en.bitcoinhaber.net/tensions-soar-bitcoin-faces-a-new-financial-landscape

Bitcoin reserve talk has a way of moving faster than the policy process behind it. That is especially true when Donald Trump, public wallet dashboards, and campaign-era crypto speculation all land in the same conversatio

The post Legal clarity for blockchain developers, INTERPOL’s crypto fraud crackdown, and more appeared on BitcoinEthereumNews.com. Since making a low of $57,800 on July 1, Bitcoin [BTC] has been up 8.58%. It was trading just below $63k at the time of writing. For three consecutive trading days, the Bitcoin spot ETF flows had been positive, showing some confidence among market participants. These inflows have been interrupted, and data showed $84.9 million in outflows on July 8. Elsewhere, a U.S. Senator argued in favor of a provision in the Clarity Act that would protect blockchain software developers. An INTERPOL-led global crackdown on crypto fraud has intercepted $293 million in illicit assets. Here’s what happened in crypto today. Senate leaders called on to protect BRCA in future versions of the broader Clarity Act In a letter sent earlier this week to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer, Democratic Sen. Ron Wyden asked that Section 604 b

Strategy's Bitcoin-backed credit model avoids taxes but risks financial instability if Bitcoin's value declines, impacting obligations and dividends. The post Strategy raises $16B through Bitcoin-backed credit products without triggering a tax bill appeared first on Crypto Briefing.

The post Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin recovered to $63,000 on Thursday after dropping over 3 percent on U.S.-Iran military clashes. Coinglass data showed over $52 million in liquidations as Brent crude oil fell under $76 per barrel. Structural bulls predict bitcoin will strengthen past July as macro debt outpaces liquidity shocks. Bitcoin Reclaims Key Support After Sharp Drop On Thursday, bitcoin recovered slightly from its more than 3% tumble over the previous 24 hours as it tested the $63,000 threshold again. The cryptocurrency’s recovery came even as tensions in the Middle East remained high after U.S. and Iranian forces exchanged fire for the second consecutive day. Daily chart data show that hours after tumbling below $61,500, bitcoin recovered and held above $62,000 until around 9:45 p.m. Eastern time on Wednesday. A sudden sell-off briefly pulled the price just undern

The post Bitcoin (BTC) Price Prediction: $65K Remains Key Resistance as 4-Year Cycle Model Signals Make-or-Break Moment appeared on BitcoinEthereumNews.com. The Bitcoin price today remains around $62,600-$62,900, according to TradingView data, reflecting a market that has stabilized following a sharp decline but has yet to establish a decisive trend. While short-term momentum has improved, several analysts argue that BTC still faces significant resistance overhead, with broader cycle models suggesting the coming weeks could prove pivotal. Bitcoin Price Holds Key Support While $65K Caps Upside Market analyst Daan Crypto Trades noted that Bitcoin has entered a period of consolidation after what he described as a “risk-off flush,” with price action confined between $61,300 and $64,700. BTC is consolidating between key levels near $62.9K, with a daily close above $64.7K signaling a potential relief rally, while a close below $61.3K could trigger renewed downside pressure. Source: @DaanCryp