ETH Price Prediction: Bears Hold the Keys Below $1,794 — A $1,695 Test Is Coming

The post Pi Network’s Pi Crumbles to New ATL, Bitcoin (BTC) Halted at $64K: Market Watch appeared on BitcoinEthereumNews.com. M has surged by double digits, while LAB has plunged by over 80% in the past 24 hours. Bitcoin’s price faced another rejection following the renewed strikes in the Middle East and Trump’s latest statement, going from over $64,000 to under $62,000 in hours. Most altcoins have joined the ride south, with ETH sliding below $1,750, while XRP has dropped beneath $1.10. PI has marked another all-time low. BTC Dips Below $62K The start of July has been a mini rollercoaster for the primary cryptocurrency. It dipped below $58,000 on July 1 for the first time in nearly two years, but began its gradual recovery immediately and surged to over $63,000 over the weekend. After a minor retracement there, it jumped to $64,000 on Monday morning for the first time in two weeks. However, Strategy’s new and much bigger BTC sale drove it south again, as the asset dumped to $61,200

M has surged by double digits, while LAB has plunged by over 80% in the past 24 hours.

The post SOL Price Prediction: Dead Momentum and a $74 Cliff — How Far This Drop Really Goes appeared on BitcoinEthereumNews.com. Lawrence Jengar Jul 08, 2026 07:55 Solana just shed 4.28% in a single session to $78.12, with its MACD histogram printing a cold zero and stochastics rolling from elevated levels — the $74.58 support line is the only thing between c… SOL’s Technical Reality Check The tape doesn’t lie. Solana got hit hard today, closing near the very bottom of its $77.80–$82.79 session range. That’s not a random wick — that’s sellers in control from the open, and the broader technical structure makes it worse before it gets better. The MACD histogram has flatlined at exactly zero. That isn’t healthy consolidation; that’s stalled thrust at a critical inflection point where the next tick of momentum determines the next $10 move in either direction. What tips the scales toward the downside: the Stochastic sitting at 70.61 and beginning to curl — elevated readin

The post Russia Drops Wallet Reporting From Its Final Crypto Bill: Here’s What the Law Now Says appeared on BitcoinEthereumNews.com. Key Takeaways Russia’s Duma committee approved the final crypto bill draft, with second and third readings eyed for July 21. The revised text drops mandatory wallet-address reporting; only balances and transaction flows must be declared. The Bank of Russia plans to cap retail purchases near $4,000 a year, limited to BTC, ETH and USDT from 2026. A Major Reform Is Underway Russia’s parliamentary Committee on Financial Markets has approved the final version of the country’s sweeping digital currency bill, clearing the path for its second reading in the State Duma. The committee, chaired by lawmaker Anatoly Aksakov, signed off on a package of amendments that softens some of the draft’s most contentious surveillance provisions while keeping the state firmly in control of who may buy and sell crypto assets. Image source: X The most notable change removes mandat

The post Bitmine buys another $70M in ETH as treasury nears 5% of supply appeared on BitcoinEthereumNews.com. This article has been updated to include a chart showing Bitmine’s share price performance over the past day. Bitmine has increased its Ethereum treasury with another $70 million purchase, taking its holdings to nearly 5% of the token’s circulating supply. Summary Bitmine has purchased another 40,000 ETH worth about $70 million, taking its Ethereum treasury close to 5% of the token’s circulating supply. Most of the company’s Ethereum holdings remain staked through its validator network, with staking expected to generate significant annual rewards. Chairman Tom Lee has pointed to growing Ethereum adoption and improving regulatory prospects while the company’s shares closed lower on Tuesday. According to blockchain analytics platform Lookonchain, Bitmine acquired 40,000 ETH on Tuesday through two wallet addresses in transactions traced by Arkham Intelligence to hot wallets operat

Russia’s State Duma Financial Markets Committee has approved the final version of the country’s landmark crypto bill, dropping mandatory wallet-address reporting and clearing the way for a second reading. A Major Reform Is Underway Russia’s parliamentary Committee on Financial Markets has approved the final version of the country’s sweeping digital currency bill, clearing the path […]

The post Ethereum’s treasury boom now has one company nearing 5% of supply appeared on BitcoinEthereumNews.com. Ethereum treasury company BitMine said it now holds 5,742,237 ETH, or 4.8% of Ethereum’s (ETH) 120.7 million token supply, putting one public treasury within 0.2 percentage points of its stated 5% ownership target. BitMine’s buying pace, staking choices, financing route, and eventual selling discipline now shape how ETH demand shows up across crypto markets and listed equities. The firm said its total crypto, cash, marketable securities, and strategic holdings stood at $11.1 billion as of June 28. It also said 4,879,157 ETH was staked as of July 5, worth about $8.8 billion at $1,800 per ETH, or roughly 85% of its ETH position. Infographic showing Bitmine’s 5.74 million ETH holdings, 4.8% supply share, staked ETH, staking revenue, and concentration-test signals. A near-5% stake changes three channels The first change is liquid supply, as BitMine’s 5.74 million ETH is a concent

The post XRP Price Prediction: Bears Own the Chart — Can $1.06 Hold or Is $1.01 the Next Stop? appeared on BitcoinEthereumNews.com. Caroline Bishop Jul 08, 2026 07:35 XRP is trading at $1.09, pinned below every major moving average with a flatlined MACD and a sub-50 RSI — this is distribution, not accumulation. Without a decisive daily close above $1.12, the pat… XRP’s Technical Reality Check Let’s not dress this up. XRP at $1.09 is a chart that has one story, and it’s not a bullish one. Price is sitting below the 7-day SMA at $1.13, below the 20-day SMA at $1.10, below the 50-day SMA at $1.18, and well below the 200-day SMA at $1.47. When you’re trading under every single meaningful moving average on the daily, you’re not “consolidating” — you’re in a controlled bleed with sellers defining every bounce. The MACD is the critical read right now. The histogram has zeroed out completely while both the MACD and signal lines are locked at -0.0162. This is not a bullish cro