The post Ethereum (ETH) Price Surges 10% on Spot Demand as Leverage Remains Flat appeared on BitcoinEthereumNews.com.
Key Highlights ETH surged approximately 10% and momentarily reclaimed $1,800 following a positive shift in Net Taker Volume on June 28 Open interest remained unchanged throughout the price increase, indicating the rally lacks leverage-driven speculation A critical resistance zone exists at the 50-day EMA near $1,806 US-based ETH spot ETFs recorded net inflows for three consecutive trading sessions Vitalik Buterin presented “Lean Ethereum,” an extensive protocol transformation projected to reduce ERC20 transaction costs by more than tenfold Ethereum has appreciated roughly 10% during the previous seven days, momentarily reaching the $1,800 level for the first time in several weeks. This upward movement followed the ETH Net Taker Volume indicator turning positive on June 28, demonstrating that purchasing activity was dominating perpetual futures markets. Following this sh
The post Binance Earn Adds BTC Yield For Passive Bitcoin Rewards appeared on BitcoinEthereumNews.com.
Binance, the renowned crypto exchange, has unveiled BTC Yield. BTC Yield is a unique product working under Binance Earn to enable likely weekly rewards for long-term $BTC holders. As per Binance’s official press release, the offering delivers an opportunity to make $BTC-denominated earnings without active derivative trading. The initiative aims to transform option premiums into notable returns parallel to maintaining Bitcoin-related exposure via a unique asset, $BTCY. Binance BTC Yield Rewards Long-Term Bitcoin Holders with $BTCY Binance’s launch of BTC Yield focuses on providing long-term Bitcoin ($BTC) holders with unique earning opportunities. Apart from the rollout, the platform has also planned a limited-time promotional campaign. The respective campaign features a reward pool that contains 100,000 $USDC to benefit qualified participants. Consumers subscribe to this product by com
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
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.…
The post Charles Hoskinson Says Ethereum Is Copying Cardano’s EUTXO Model appeared on BitcoinEthereumNews.com.
The post Charles Hoskinson Says Ethereum Is Copying Cardano’s EUTXO Model appeared first on Coinpedia Fintech News Cardano founder Charles Hoskinson said Ethereum is attempting to adopt Cardano’s Extended UTXO (EUTXO) model without acknowledging its origins. His comments followed a proposal by Ethereum Foundation researcher Toni Wahrstätter for native UTXOs on Ethereum. The debate highlights differing views on smart contract design as Ethereum explores potential protocol changes. The proposal is expected to … Source: https://coinpedia.org/crypto-live-news/charles-hoskinson-says-ethereum-is-copying-cardanos-eutxo-model/
The post Tether USDT Burn Marks Largest Ethereum Reduction in 2026 appeared on BitcoinEthereumNews.com.
On July 7, 2026, Tether executed a $2.5 billion USDT burn on the Ethereum network — its largest single reduction of stablecoin supply since February 2026. The move landed the same day Binance’s USDT balance on the Tron network slipped below a key threshold, raising questions about what these two simultaneous shifts say about stablecoin liquidity and cross-chain dynamics heading into mid-2026. Key takeaways Tether burned $2.5 billion worth of USDT on Ethereum on July 7, 2026, its largest single burn since February 2026. Binance’s USDT balance on the Tron network fell to approximately $806 million, dropping below the $1 billion mark. That Tron balance represents Binance’s lowest USDT holding on the network since December 29, 2025. USDT burns are typically linked to treasury management and cross-chain rebalancing, not to supply destruction in the traditional sense. Analysts flagged the
