Fed minutes loom as Polymarket lifts ETH $1,700 touch odds to 44.5%

The post Ethereum Tests $1,800 Zone Where 4.3M ETH Changed Hands appeared on BitcoinEthereumNews.com. Ethereum News Ethereum (ETH) is testing the heavy supply zone around $1,800, a level where roughly 4.3 million ETH previously changed hands. Trading near $1,780 in recent sessions, the second-largest cryptocurrency by market value is attempting to reclaim a band that on-chain cost-basis data marks as a dense accumulation region. The UTXO Realized Price Distribution — an on-chain metric that maps how much supply moved at each price — shows this cluster now acts as stiff overhead resistance. A decisive close above $1,800 would signal buyers absorbing that supply, while a rejection risks a swifter slide. Follow our full Ethereum coverage as the level is contested. Should Ethereum convert the $1,800 barrier into support, the next upside objectives sit at $1,980 and $2,079, based on price-structure levels flagged across the charts. Those targets remain well beneath Ethereum’s all-time high,

The post GOP plans $8M ad blitz as Polymarket keeps Newsom at 18.2% for 2028 appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 08, 2026 02:52 Republican strategists are lining up an $8 million advertising push aimed at a Platner replacement, signaling an early bid to shape the next cycle’s narrative. GOP plans $8M ad blitz as Polymarket keeps Newsom at 18.2% for 2028 Republicans’ $8M Ad Blitz Fuels 2028 Nominee Speculation as Gavin Newsom Holds a Slim Polymarket Lead at 18.2% Republicans are preparing an $8 million advertising blitz targeting a Platner replacement, a move that underscores how aggressively the party is gearing up for the next cycle. On Polymarket, traders in the “Democratic Presidential Nominee 2028” market kept Gavin Newsom narrowly on top at 18.2% implied odds. Key Takeaways Gavin Newsom leads the Polymarket “Democratic Presidential Nominee 2028” market at 18.2% implied odds. The odds have been repriced as attention shifts to early-cycle politi

Bitmine's aggressive ETH acquisition and staking strategy could tighten Ethereum's circulating supply, potentially impacting market dynamics. The post Bitmine acquires 40,000 Ethereum for $72M from FalconX and Kraken appeared first on Crypto Briefing.

The post RBNZ hikes to 2.50% as Polymarket puts 2026 Fed hike at 49.5% appeared on BitcoinEthereumNews.com. Ted Hisokawa Jul 08, 2026 02:45 On July 8, 2026, New Zealand’s central bank lifted its policy rate 25 basis points to 2.50%, reinforcing that tightening cycles aren’t universally over. RBNZ hikes to 2.50% as Polymarket puts 2026 Fed hike at 49.5% RBNZ Raises Rates to 2.50%: Polymarket Keeps “Fed Rate Hike in 2026” Near a Coin Flip at 49.5% Yes New Zealand’s central bank raised its benchmark interest rate by 25 basis points to 2.50%, a move that kept global rate-setter watchers focused on the persistence of tightening cycles. On Polymarket, odds on the Federal Reserve delivering a rate hike at some point in 2026 were priced at 49.5% at the latest update, with the market marginally favoring “No” at 50.5%. Key Takeaways Polymarket prices a 49.5% chance of a Fed rate hike in 2026, with “No” leading at 50.5%. Traders kept the contract near a coin flip as attention st

The post US strikes on Iran lift Polymarket invasion odds to 14.5% appeared on BitcoinEthereumNews.com. Ted Hisokawa Jul 08, 2026 02:38 CENTCOM said the U.S. military launched “powerful strikes” against Iran to impose “heavy costs,” escalating pressure on Tehran. US strikes on Iran lift Polymarket invasion odds to 14.5% U.S. Launches “Powerful Strikes” Against Iran, Pushing Polymarket “Invade Iran Before 2027?” Odds to 14.5% The U.S. military said it launched “powerful strikes” against Iran, a development that pushed traders to reprice Polymarket’s “Will the U.S. invade Iran before 2027?” contract higher. The market’s implied probability for “Yes” rose to 14.5% from 11.5%. Key Takeaways Polymarket prices a 14.5% chance the U.S. invades Iran before 2027, with “No” leading at 85.5%. Odds moved up 3.0 percentage points after the U.S. military said it launched “powerful strikes” against Iran. The contract resolves on 2026-12-31, and the “Yes” price is down 2.0 points over

The post British Pound declines to near 1.3350 as US launches strikes on Iran appeared on BitcoinEthereumNews.com. The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes will be published later on Wednesday. Washington unleashed a new wave of strikes against Tehran on Tuesday and revoked a license allowing the country to sell oil after three tankers were attacked in the Strait of Hormuz, per Reuters. Geopolitical fears surge following this headline, supporting the Greenback as a safe-haven asset. Westpac analysts said that concerns for the stability of the peace deal reemerged after Iran attacked ships crossing the Strait of Hormuz. “Concerns over the inflation outlook were in focus, seeing yields jump higher across the globe,” they wrote. The formal race to replace

The post Iran waiver revoked lifts oil, Polymarket keeps Starmer exit odds at 97.2% appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 08, 2026 02:31 Oil climbed about 5% after the United States revoked an Iran oil sanctions waiver, tightening expectations for Iranian crude flows and adding supply uncertainty. Iran waiver revoked lifts oil, Polymarket keeps Starmer exit odds at 97.2% Oil Surges 5% After U.S. Revokes Iran Sanctions Waiver as Polymarket Nudges Starmer Exit Odds Higher Oil prices jumped about 5% after the United States revoked an Iran oil sanctions waiver, a headline that rippled across global markets. On Polymarket, traders nudged up the leading pick in the “Next leader out of power before 2027? (No Orban)” contract, with Keir Starmer priced as the most likely next leader to exit before 2027. Key Takeaways Polymarket prices “Starmer – UK PM” as the leading outcome at 97.2% (No 2.8%) in “Next leader out of power before 2027? (No Orban)”. The market’

The post Why is the Canadian Dollar falling despite higher oil prices? appeared on BitcoinEthereumNews.com. USD/CAD inches higher after registering minor losses in the previous day, trading around 1.4200 during the Asian hours on Wednesday. Traders are closely watching Wednesday’s release of the Federal Reserve Meeting Minutes, the first under newly appointed Chairman Kevin Warsh, for crucial clues regarding the future path of US interest rates. The USD/CAD pair advances as the US Dollar (USD) receives support from safe-haven demand amid renewed geopolitical tensions. However, the upside of the Greenback could be restrained due to cooling rate-hike expectations, a shift triggered by last week’s weaker-than-expected Nonfarm Payrolls (NFP) data. According to LSEG data, market pricing for total Fed rate increases by December has dropped to roughly 26 basis points, down significantly from the 38 basis points projected just a week ago. This shifting outlook is framed by recent commentary fr