The post Deep Value, No Confirmation: Glassnode Shows Bitcoin Bottom Still Unproven appeared on BitcoinEthereumNews.com.
Five months underwater relative to what the average market participant paid. That is the uncomfortable reality for Bitcoin, which has spent nearly half a year trading below both the True Market Mean and the short-term holder cost basis. But price alone does not form a bottom. Glassnode’s latest on-chain report lays out why conventional deep-value signals are not enough right now—convergence across holder behavior, ETF flows, and derivatives remains absent. The contradiction is not academic. Long-term holders, who typically anchor market floors, are now the dominant source of realized losses. Their share of total loss-taking climbed from 15% in early February to 43% this month. Daily realized losses peaked at $280 million, a number not seen since the aftermath of FTX in December 2022. For traders conditioned to buy when long-term holders stop selling, that trend is a
The post Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities appeared on BitcoinEthereumNews.com.
Bitcoin price held above $62,000 after renewed fighting between the United States and Iran slowed traffic through the Strait of Hormuz and sent oil prices higher, reviving inflation concerns across global markets. Data from CryptoSlate shows that the largest digital asset traded near $63,000 on Thursday, holding above the $60,000 level that traders have watched since last month’s selloff. The move came even as renewed US strikes on Iranian targets and retaliatory attacks by Tehran raised the risk of a broader disruption to energy flows from the Persian Gulf. Brent crude settled 5.2% higher Wednesday at $78.02 a barrel, its highest close since June 19, after briefly topping $80 during the session. US crude also rose, while shares were mixed and bond markets reflected renewed concern that higher energy costs could keep inflation elevated. For Bitcoin, the oil move a
The post Ethereum UTXO Payment Proposal Targets 99.8% Storage Reduction appeared on BitcoinEthereumNews.com.
Ethereum News Ethereum (ETH) is debating a technical proposal that could reshape how the network settles payments. Researcher Toni Wahrstätter has floated adding native UTXO-style payments — unspent transaction output accounting, the same model Bitcoin uses — to the Ethereum base layer. The design would retain only a minimal spent marker in the live network state while pushing most payment data into historical blockchain records, cutting permanent storage requirements by as much as 99.8%. For a chain long wrestling with state bloat, the efficiency case is substantial. The proposal keeps the roadmap conversation — from privacy work like the Aztec Network to storage design — firmly in traders’ view. The idea drew an immediate rebuke from Cardano founder Charles Hoskinson, who accused Ethereum of borrowing from Cardano’s Extended UTXO (EUTXO) model without acknowledgment. EUTXO ext
Whale wallets absorbed $16.7B of Bitcoin at the lows while spot ETFs posted record outflows. Both sides of the great hands transfer, and the tape to watch.
The post Alfa-Bank Prepares Digital Depository Infrastructure for Regulated Crypto Services appeared on BitcoinEthereumNews.com.
Key Highlights Alfa-Bank develops digital depository infrastructure as foundation for crypto services. Pilot cryptocurrency trading program launched for qualified institutional investors. Testing phase covers Bitcoin, Ether, Solana, Litecoin, USDT, USDC, and Zcash. Mass-market crypto offerings expected following regulatory approval in Russia. Major competitors Sberbank and T-Bank simultaneously develop similar platforms. Russia’s Alfa-Bank has advanced its cryptocurrency ambitions by establishing plans for a comprehensive digital depository system. The institution has simultaneously initiated controlled cryptocurrency trading pilots via its Alfa-Investments brokerage platform. These developments emerge as Russia’s government finalizes comprehensive regulations governing digital asset operations. Digital Depository Framework Forms Foundation of Crypto Strategy
The interactive credit model could enhance institutional trust in Bitcoin-backed securities but also highlights the inherent volatility risks.
The post Strategy unveils interactive credit model for Bitcoin risk assessment appeared first on Crypto Briefing.
The post Bitcoin (BTC) Enters a Critical Zone: Will Buyers Fuel a Breakout or Surrender $60K? appeared on BitcoinEthereumNews.com.
Bitcoin price is holding near $61K. The downtrend is taking over the macro trend. Bitcoin is holding onto its bullish divergence despite a recent minor market correction, signalling that the broader upward trend is likely to continue. While there is a simultaneous potential for a bearish divergence to emerge, which forms part of a market reversal, the existing bullish structure remains valid and active. Currently, the largest asset is trading within the $61,930 range, following a minor 1.24% loss in value. Despite this slight dip, the immediate market impact is a state of cautious consolidation rather than panic selling. Notably, the key line in the sand for buyers is $61,000. As long as Bitcoin maintains its footing above this critical baseline, the upward momentum remains intact, keeping the doors wide open for the market to test higher price targets. Al
The post Bitcoin (BTC) price climbs to $63,000 as markets shrug off Iran airstrikes: Crypto Markets Today appeared on BitcoinEthereumNews.com.
The crypto market bounced back from a mid-week lull on Thursday, with bitcoin BTC$62,627.85 rising by 1.2% since midnight UTC to $63,000 while ether (ETH) advanced 0.75% to $1,755. The move tracked U.S. stock market gains, as Nasdaq 100 index futures added 2.6% over the past 24 hours despite the escalation of tensions between the U.S. and Iran. U.S. Central Command said it hit 90 military targets in the latest round of airstrikes, which took place 24 hours after President Donald Trump said the ceasefire was over. Markets initially sold off at the time, but crypto remained resilient, rallying from oversold territory to extend a relatively hot streak since the turn of the month. Bitcoin is now 9% higher than June’s monthly close and a selection of altcoins has continued to outperform with lighter (LIT) and ether.fi (ETHFI) surging by around 35% ov
