Tether reserve wallet sends 4 BTC to Binance as Q2 buying stalls

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 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

The post Empery Digital Offloads 1,400 BTC, Pivots Treasury From Bitcoin To AI Infrastructure appeared on BitcoinEthereumNews.com. For months, corporate bitcoin treasuries have been treated as a one-way bet. Empery Digital just broke the pattern. The Nasdaq-listed firm disclosed in an SEC filing that it sold 1,400 bitcoin since May, generating roughly $87.1 million at an average price of $62,200, according to the original report. The proceeds are marked for debt repayment, a previously announced property acquisition, and legal expenses. The sale is not merely a capital raise. It coincides with a direct strategic pivot. Empery said it will discontinue public net asset value disclosures based exclusively on bitcoin holdings, citing growing exposure to artificial intelligence and energy infrastructure businesses. The firm is now involved in a proposed $1 billion AI data center project alongside members of the Hunt and Crow families. A Corporate Treasury Reversal While many public companie

The post All about CleanSpark’s addition of 454 Bitcoin and what it means appeared on BitcoinEthereumNews.com. CleanSpark, a publicly traded company, is in the news after adding another 454 Bitcoin [BTC] to its treasury. This addition has pushed its total stash to 13,924 BTC, worth $897.1 million. In 2026, CleanSpark has sold 258 BTC and added 1171 BTC.   Its latest move came as CleanSpark’s stock price was trading at $12.89 at press time. The same has risen by about 28% in the year so far. For its part, Bitcoin was trading at $64,411.66 at the same time, on the back of a 42% decline this year.  As it stands, the Governor and Executive Council of New Hampshire are reviewing a proposal that would permit a borrower connected to CleanSpark to purchase Bitcoin with up to $100 million in taxable revenue bonds. CleanSpark is not the only company to add Bitcoin to its treasury recently though.  Purchases in the months of June and July by other firms In June, public companies added almost 9,00

The post Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer appeared on BitcoinEthereumNews.com. Tether, the firm responsible for the leading stablecoin USDT, made waves by transferring four Bitcoin (BTC), valued at around $250,000, from its reserves to Binance. This move, highlighted by an EmberCN analysis, suggests a potential shift in Tether’s usual practice of regularly acquiring Bitcoin with a slice of its earnings. Continue Reading:Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer Source: https://en.bitcoinhaber.net/stablecoin-giant-tether-shifts-bitcoin-strategy-with-recent-binance-transfer

The post 3 Major Crypto Trends Changing How People Use Digital Assets: Binance Co-Founder appeared on BitcoinEthereumNews.com. Key Takeaways Binance’s co-founder outlined three regional crypto adoption trends involving stablecoin savings, local currency trading, and transfer usage. MENA became Binance’s fastest-growing market for savings products, suggesting increasing interest in longer-term digital asset participation. LATAM led growth in transfers, while North America outside the United States saw expanding local currency trading. How Crypto Adoption Becomes More Regional Binance’s internal user activity suggests cryptocurrency adoption is becoming increasingly regional rather than following a single global pattern. On July 8, co-founder and co-CEO Yi He shared in a series of posts on X that daily activity from millions of users highlights three distinct trends, each reflecting different ways people are using digital assets. “Every day at Binance, we see millions of users interactin

Crypto adoption is evolving in unexpected ways across global markets, revealing deeper changes in user behavior, according to Binance co-founder and co-CEO Yi He. Drawing on activity from millions of Binance users, she identified three emerging regional trends that are shaping how people use digital assets. How Crypto Adoption Becomes More Regional Binance’s internal user […]