Saylor Says 3.3% BTC Annual Growth Can Fund STRC Dividends Forever

The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared on BitcoinEthereumNews.com. Top public Bitcoin miner CleanSpark’s latest BTC count carried a footnote that may matter more than the headline total: of the 13,924 BTC it reported as of June 30, 1,719 BTC was posted as collateral or recorded as a receivable, all tied to derivative transactions That amounts to roughly 12% of the miner’s reported Bitcoin balance held in financing or risk-management mechanisms rather than functioning as a readily available reserve. For reference, CleanSpark currently owns the 11th-largest public Bitcoin treasury among operating companies. The disclosure does not imply misuse. It does show why miner treasuries are getting harder to read as the same BTC stacks are marketed as strength, sold for cash, pledged, restricted, or moved through derivatives. Related Reading Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid Coi

The post Elon Musk’s SpaceX wallet stirs Bitcoin fears as SPCX sinks 25% appeared on BitcoinEthereumNews.com. SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. Summary SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite the company’s fast-tracked Nasdaq-100 inclusion. JPMorgan estimates the index addition could drive about $4.3 billion in passive fund buying. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX moved just $88 worth of Bitcoin on July 8, ending a six-month period without on-chain activity. Although the transfer was tiny, it quickly fueled speculation across crypto markets because the company’s wallets have historically remained inactive for long periods. SPACEX JUST MOVED BITCOIN A tagged SpaceX address just moved Bitcoin for the first time

SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX…

XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader. Ripple […]

The post Bitcoin whale places $31M short bet – Will BTC drop to $60K again? appeared on BitcoinEthereumNews.com. Bitcoin [BTC] has closed at lower lows for two consecutive days for the first time in ten days. At press time, Bitcoin traded at $62,714, down 1.04% on the daily charts. Amid this price pullback, traders, especially whales, have begun shorting the market.  Bitcoin whale opens a $31M short As BTC faced rejection, falling to $62k, a whale jumped into the market and opened a short position.  According to Onchain Lens, a whale opened a 40x short position on 493 BTC worth $31 million. With BTC declining, the whale is already sitting on $220k profit after spending $2k in funding fees.  Moreover, the whale’s decision to open a short position showed strong pessimism, anticipating the market to continue declining.  Source: Coinglass Interestingly, this was not an isolated case. After briefly spiking above 1 across all exchanges, the Long/Short Ratio fell back to 0.97 as of writing. 

The post Bitcoin is Seeing a ‘Textbook’ Bottom as More Analysis Brings Back 2022 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is seeing a “textbook” bear-market bottom as speculators take profits on the trip toward $65,000. Key points: Bitcoin is repeating previous macro bottom behavior in a “textbook” manner, analysis argues. Short-term holders are taking profits on minor recoveries — something “characteristic of a bull market.” Doubts remain about speculators avoiding future capitulation. Analysis: Bitcoin bottom will “be very obvious in hindsight” In their latest analysis on X, the Bitcoin quant account known as Frank, named for the famous economist Frank A. Fetter, doubled down on conviction that the worst of the BTC price downtrend is over. “This is a textbook bitcoin bottom; I mean every bottom signal has flashed or is flashing, it’ll be very obvious in hindsight,” one post stated. An accompanying chart showed the 200-week simple moving average (SMA) for BTC/USD, along with

The post Could Bitcoin’s 21 Million Supply Cap Change? Zcash Co-Founder Makes Bold Proposal appeared on BitcoinEthereumNews.com. In a post, Zcash co-founder Eli Ben-Sasson proposes rethinking Bitcoin’s fixed 21 million supply cap. According to Ben-Sasson, capping the supply of Bitcoin at 21 million BTC does not make sense. This is because, over time, keys will be lost. He believes that this will eventually happen over an infinite time horizon. The maximum number of Bitcoins that can ever exist is 21 million BTC. This hard cap on the total Bitcoin supply is a fundamental part of Bitcoin’s monetary policy, which is designed to promote scarcity and prevent inflation. Bitcoin creator Satoshi Nakamoto encoded this limit into the cryptocurrency’s source code. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet Zcash Co-Founder Suggests Bitcoin Move Away From Fixed 21M Supply Cap and

The post Crypto Market at Risk as BTC, ETH, XRP, and SOL Longs Build  appeared on BitcoinEthereumNews.com. Analyst Joao Wedson says unliquidated long positions are dominating BTC, ETH, XRP, and SOL. Alphractal charts show large, long-exposure buildings across major crypto assets, while weak upward movement has increased concerns over leveraged positions. XRP, ETH, and SOL show higher sensitivity due to heavier long accumulation. Bitcoin and major altcoins are facing increased leverage pressure as unliquidated long positions continue building across the market. Analyst Joao Wedson highlighted data from Alphractal showing that BTC, Ethereum, XRP, and Solana are carrying a large amount of open long exposure after a weak upward move. Notably, the charts shared by the analyst show concentrated long positions across multiple assets, creating a market structure where a sudden decline could force leveraged traders to close positions. Long Positions Increase Across Major Crypto Assets Alphracta