Iran attacked: reports point to Bahrain and Kuwait as suspects as Bitcoin sells off

Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. According to data…

The post XRP Keeps Plunging Against Bitcoin appeared on BitcoinEthereumNews.com. The XRP/BTC meltdown  Good news fails to boost XRP  The Ripple-linked XRP token continues its multi-month slide against Bitcoin (BTC), according to the recent market data.  In fact, it is currently on the verge of securing its lowest close against the leading cryptocurrency since the beginning of the year.  The XRP/BTC meltdown  After a brief period of consolidation and a minor relief rally in June, the pair has completely rolled over in early July, breaking down toward multi-month lows. XRP Keeps Plunging Against Bitcoin $560 Million Record: CashCat Coin Takes Over Robinhood; Hyperliquid Joins XRP in Bitwise 10 Crypto Index; 105,742,020% in Bitcoin: Satoshi-Era Whale Awakens – Morning Crypto Report The pair currently hovers at 0.00001735 BTC. It is precariously near its lowest levels of the year.  XRP/BTC via TradingView XRP has shed 53% of its value over the past year in USD terms, a weakness that is mag

The post Private Blockchains: The Emerging Challenge for Bitcoin appeared on BitcoinEthereumNews.com. JPMorgan’s recent analysis suggests that the real long-term challenge for Bitcoin doesn’t stem from the sale actions of corporations but from a shift in how traditional financial institutions are increasingly adopting private blockchain systems. This evolution in financial strategies threatens to sideline public blockchain networks and their native cryptocurrencies, despite the focus on recent corporate […] Continue Reading:Private Blockchains: The Emerging Challenge for Bitcoin Source: https://en.bitcoinhaber.net/private-blockchains-the-emerging-challenge-for-bitcoin

The rejection highlights the challenges of integrating volatile cryptocurrencies into traditional finance, potentially slowing broader adoption. The post New Hampshire Executive Council rejects $100M Bitcoin-backed bonds proposal appeared first on Crypto Briefing.

Private blockchains could divert institutional capital away from public chains, potentially altering Bitcoin's value proposition and market dynamics. The post JPMorgan warns private blockchains pose greater risk to Bitcoin than Strategy’s massive holdings appeared first on Crypto Briefing.

The post Private Blockchains Are Bigger Bitcoin Risk Than Strategy BTC Sales, JPMorgan appeared on BitcoinEthereumNews.com. JPMorgan analysts have said Bitcoin’s main long-term risk may not come from Strategy selling BTC, but from banks and large institutions adopting private blockchain systems that do not rely on public crypto networks or tokens. JPMorgan Says Strategy Sales Are Not the Main Bitcoin Threat In a note to clients, JPMorgan analysts, led by Nikolaos Panigirtzoulos, suggested that Strategy’s Bitcoin sales could introduce periodic selling pressure, but they did not view the company as the primary structural threat for Bitcoin. After years of accumulation, strategy has come into the control of about 4% of all bitcoins in circulation, so traders are watching strategy’s moves very closely. “Strategy is not our primary thinking as a structural threat to Bitcoin,” the analysts wrote. The bigger danger is from the traditional finance sector’s adoption of blockchain technology out

The post Bitdeer Stock Jumps After $36M Nevada Manufacturing Expansion appeared on BitcoinEthereumNews.com. Shares of Bitdeer Technologies Group rose on Thursday after the Bitcoin (BTC) mining infrastructure company announced a $36 million manufacturing facility in Nevada, a move that expands its US production capacity and could reduce its reliance on third-party suppliers for mining hardware. Bitdeer climbed 14.1% to $14.33, fully recovering from a selloff earlier in the week. Despite Thursday’s rally, the stock remains roughly 27% below its June high but is up 26% year-to-date. The gains followed Bitdeer’s announcement that it will build a manufacturing facility in Sparks, Nevada, to assemble its SEALMINER line of Bitcoin mining machines. The plant will produce key mining hardware components, with commercial production expected to begin by the end of the year. Bitdeer Technologies Group (BTDR) stock. Source: Yahoo Finance Bitdeer CEO Catherine Guo told local media the Singapore-based

The depletion of the US oil reserve amid geopolitical tensions highlights vulnerabilities in energy security and potential market instability. The post US Strategic Petroleum Reserve hits lowest level since 1983 as Iran tensions drain emergency stockpiles appeared first on Crypto Briefing.