Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer

Hyundai Card moved $20,000 USDT on Avalanche in seven minutes, vs 3–4 hour bank wires. A Europe test with Visa and Circle is next. Could AVAX gain?

The post Hyundai’s ‘real world adoption of USDT’ cut transfers to 7 minutes: Details appeared on BitcoinEthereumNews.com. South Korean automaker Hyundai is doubling down on stablecoins for internal transfers between its subsidiaries.  During its testing stage, the automaker saw faster transfers between U.S and Mexico subsidiaries. Instead of the typical 4 hours or more for traditional interbank transfer methods, the firm said it took about 7 minutes to transfer Tether’s USDT between its two offices.  Commenting on the test, Hyundai hailed stablecoin transfers as offering “overwhelming speed and superior stability” to conventional methods. The pilot involved Hyundai Motors Group-owned credit card firm Hyundai Card, Avalanche, Tether and payment integrator Axiym. Source: Hyundai For his part, Paolo Ardoino, Tether CEO, billed the move as an impressive “real world adoption of USDT.” Bo Hines, CEO of Tether U.S., scored the Hyundai move as “what the future of finance looks like.” At the en

The post Crypto Market Weekly: Standard Chartered’s $100K BTC Target, Robinhood Chain Mania, and Circle’s Bank Charter appeared on BitcoinEthereumNews.com. The crypto market this week was shaped by bullish events such as returning ETF inflows and Bitcoin (BTC) moving to $64,000. But three other key events: Standard Chartered’s bullish forecast, hype around Robinhood Chain, and Circle receiving a bank charter also topped discussions. Standard Chartered Reiterates $100K Bitcoin Target as Crypto Market Rebounds Standard Chartered analyst Geoff Kendrick has reiterated his bullish forecast on BTC, saying Bitcoin will reach $100,000 by the end of 2026. The analyst noted that the current price of Bitcoin of $64,000 “is a screaming buy” because the fears around Strategy selling BTC will gradually ease as the crypto market comes to terms with the fact that the company has changed from a net buyer to an occasional seller. Kendricks’ remarks come after Strategy sold $216 million worth of Bitcoin

The post Bitcoin Price Holds Above $64K, Pi Network’s PI Token Digs New Lows: Weekend Watch appeared on BitcoinEthereumNews.com. BEAT has become today’s top performer with a double-digit surge, while BDX has plummeted the most. Bitcoin’s gradual recovery took the asset to and just above $64,000, and it has been able to maintain that level for the past 24 hours or so. Most larger-cap altcoins are slightly in the green on a daily scale, but they have mostly remained sideways since yesterday. BTC Sustains $64K The primary cryptocurrency reacted well to the July 1 dump below $58,000 when it marked a new multi-year low. It rebounded quickly to reclaim the $60,000 level and jumped to $63,000 during the previous weekend. It bounced to $64,000 on Monday before Strategy announced its biggest BTC sale ever, disposing of over 3,500 units. The immediate FUD resulted in a nosedive to $61,200. However, the asset jumped hard in the following hours and challenged $64,500. Another rejection took plac

BEAT has become today's top performer with a double-digit surge, while BDX has plummeted the most.

The post Ransomware Hacker Pleads Guilty After $15M Bitcoin Extortion Scheme appeared on BitcoinEthereumNews.com. Key Takeaways Authorities said the cybercrime campaign collected roughly 1,610 bitcoin, with a Michigan company alone transferring 200 bitcoin after an attack. Meanwhile, the guilty plea requires more than $1.1 million in restitution, while sentencing could result in substantial prison time, fines, and supervision. Investigators from the FBI, the Justice Department, and Ukrainian authorities coordinated efforts, with sentencing expected after judicial review of the plea agreement. Ransomware Attacks Forced US Companies to Pay Bitcoin for Decryption Keys More than $15 million in bitcoin flowed from U.S. victims during a Ryuk ransomware campaign tied to Karen Serobovich Vardanyan, federal prosecutors alleged. The 34-year-old Armenian national, who was extradited from Ukraine, pleaded guilty July 8 to conspiracy and computer fraud after admitting his involvement in cyberattack

Federal prosecutors alleged a Ryuk ransomware operation extracted more than $15 million in bitcoin from U.S. organizations. An Armenian national admitted participating in attacks that disrupted hundreds of corporate systems and forced victims to purchase decryption keys with cryptocurrency. Ransomware Attacks Forced US Companies to Pay Bitcoin for Decryption Keys More than $15 million in […]

The post BTC Price Prediction: $65,500 Is the Line in the Sand — Break It or Bleed appeared on BitcoinEthereumNews.com. Darius Baruo Jul 11, 2026 07:03 Bitcoin is coiling directly beneath a stacked resistance cluster between $64,720 and $65,500 with an overbought Stochastic and flat MACD telling you momentum is exhausted — a rejection here sends B… Market Context: Why BTC is Moving Now Bitcoin at $64,215 is not in a bull market. Let that land. The SMA 200 sits at $74,031 — nearly $10,000 overhead — a constant reminder of how hard and how far this market has been hit since its cycle highs. The price hasn’t traded above its 200-day average in weeks, and until it does, every bounce is a potential relief rally to sell, not a reversal to chase blindly. What’s happening right now is a consolidation grind with a fragile upward tilt. The 24-hour range — just $1,036 between $63,656 and $64,692 — combined with Binance spot volume of roughly $964M tells you nobody’s in a hurry t