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The post Coinbase Bitcoin Premium Hits 50-Day Record Slump appeared on BitcoinEthereumNews.com. Coinbase Bitcoin Premium Index stays negative for 50 days as BTC trades near $64K-$65K resistance after rebounding from $58K. The Coinbase Bitcoin Premium Index has stayed negative for 50 days, according to Coinglass data. The streak began on May 19 and is now the longest on record. The latest reading is -0.0742%, showing Bitcoin trades lower on Coinbase than Binance. This gap is often used to track U.S. market demand. The previous record lasted 40 days, from January 16 to February 24. The current streak has also passed the roughly 30-day run seen during the “1011 crash.” Meanwhile, Bitcoin has rebounded from $58,000 to $59,000 toward the $64,000 to $65,000 zone. Still, the weak premium keeps U.S. demand concerns in focus. Coinbase Bitcoin Premium Hits Record Negative Run The Coinbase Bitcoin Premium Index tracks the price gap between Coinbase and Binance. A negative reading means Bitcoin t
Read full articleRadar Chat's seamless Bitcoin transactions could revolutionize digital payments, challenging traditional apps and enhancing financial privacy. The post Radar Chat wants to make sending Bitcoin as easy as texting your group chat appeared first on Crypto Briefing.
The post Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines appeared on BitcoinEthereumNews.com. Meme sector leads losses as SocialFi stays positive despite wider crypto market weakness. SocialFi tops weekly and quarterly returns while DeFi leads year-to-date performance. Crypto sentiment stays in Fear as Bitcoin, Ethereum, and XRP extend daily declines. The crypto market turned lower after several days of gains, with sector performance data pointing to renewed caution across digital assets. Figures from SoSoValue showed losses spreading through most major crypto categories over the past 24 hours, while broader market indicators also reflected weaker prices and subdued investor sentiment. Although several individual tokens posted gains despite the decline, the Meme sector recorded the highest daily loss among the major narratives, contrasting with the SocialFi sector, which remained one of the few areas to finish the session in positive territory. Meme Sector Records the
The post Digital Chamber Files Brief Over Dormant Satoshi Wallets appeared on BitcoinEthereumNews.com. Noah Doe sued for title to 39,069 dormant Bitcoin wallets he found by algorithm. Digital Chamber says dormancy alone cannot prove abandonment under New York law. Noah Doe never held private keys, so cannot access or move funds from any wallet. The Digital Chamber, the United States’ oldest and largest digital asset trade association, has filed an amicus brief in the New York State Supreme Court opposing a lawsuit that seeks to claim ownership of tens of thousands of dormant Bitcoin wallets, some of which are believed to be linked to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. What the Lawsuit Claims A New York resident identified as Noah Doe developed an algorithm in 2024 to identify dormant Bitcoin wallets and ran it on his personal computer, identifying 42,001 wallet addresses that had seen no on-chain activity for at least five years. He copied those addresses onto USB drives
Strategy sold $216M in Bitcoin to fund dividends but still reports full $1.25B reserve capacity. The build-versus-replenish loophole explained.
The post Germany’s Crypto Tax Bid Seeks to Fill National Coffers appeared on BitcoinEthereumNews.com. Germany is ramping up efforts to boost its national budget by imposing higher taxes on cryptocurrency profits. This move could overhaul the current tax regime that exempts long-term crypto holders from capital gains taxes for assets such as Bitcoin and Ethereum, sparking widespread financial implications and debates. Continue Reading:Germany’s Crypto Tax Bid Seeks to Fill National Coffers Source: https://en.bitcoinhaber.net/germanys-crypto-tax-bid-seeks-to-fill-national-coffers
New Hampshire's vote could set a precedent for integrating digital assets into finance, potentially boosting bitcoin's credibility and institutional interest. The post New Hampshire to vote on world’s first bitcoin-backed municipal bond appeared first on Crypto Briefing.
Mizuho's revised target highlights Strategy's potential as a Bitcoin-native financial entity, influencing corporate Bitcoin adoption strategies. The post Mizuho Financial Group cuts Strategy price target to $213, sees 110% upside appeared first on Crypto Briefing.
The post Bitcoin Futures Demand Turns Positive While a $63B Cash Problem Won’t Budge appeared on BitcoinEthereumNews.com. Bitcoin futures demand flips positive as CryptoQuant flags a bull setup, but exchange stablecoin reserves near $63.2B say the cash to fund it keeps leaving. The cash sitting on exchanges keeps thinning out. That would normally end the conversation. Bitcoin futures demand apparently decided otherwise. Futures positioning for BTC has flipped positive, according to a CryptoQuant QuickTake published this week. The shift came from a sharp burst of upward pressure in derivatives, the analyst wrote, arguing the market sits on the verge of a real bull run. Bold call. Spot demand is still slightly negative. Source: CryptoQuant The $63 Billion Question Hanging Over Exchanges A separate CryptoQuant analysis is far less convinced. ERC-20 stablecoin reserves across all exchanges have slipped to roughly $63.2 billion. The 100-day moving average has rolled over too, meaning the bu
