The post ‘The stacking continues,’ says unfazed Eric Trump despite $600M Bitcoin venture wipeout appeared on BitcoinEthereumNews.com.
Eric Trump’s stake in Bitcoin mining and treasury firm American Bitcoin Corp. has been devalued by about $600 million, according to a Bloomberg report. He owns about 6% of the firm and doubles as American Bitcoin’s Chief Strategy Officer. His brother, Donald Trump Jr., also owns an undisclosed stake in the firm. Amid the broader crypto downturn, the firm’s stock, ABTC, has plunged by 97%, crashing from September 2025’s peak of $217 to a record low of $5.98. This week alone, it dumped by over 29%. Source: ABTC, TradingView The massive stock dump forced the firm to launch a 1-for-5 reverse stock split on 2nd of July to remain listed on the Nasdaq. A company’s stock must maintain a minimum bid price of $1 to remain listed on the exchange. In fact, Nakamoto, another Bitcoin treasury firm, was forced to opt for a stock split to avoid a similar delisting.
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 VIRTUAL up +17.08%, BTC +0.09%, Virtuals Protocol is The Coin of The Day – Daily Market Update for Jul 11, 2026 | CoinCodex appeared on BitcoinEthereumNews.com.
Key highlights: The total cryptocurrency market cap decreased from $ 2.20T to $ 2.19T in the past 24 hours, representing a -0.20% change The Bitcoin price at press time is $ 64,176 after growing by 0.09% in the last 24 hours The total crypto trading volume increased by 89.05% in the past 24 hours, and is currently at $ 381.86B All prices and changes are presented at the time of publication: July 11, 2026, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 2.19T after a -0.20% decrease on the day. The total crypto trading volume increased by 89.05% in the same time frame. Bitcoin is trading at $ 64,176 after seeing a 0.09% gain in the last 24 hours. The Bitcoin dominance grew by 0.05% and BTC currently represents 58.73% of the cryptocurrency market. Top Coins By Market Cap At press time, Bit
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
BlackRock's significant inflow into Bitcoin ETFs highlights institutional confidence and potential stabilization in the crypto market landscape.
The post BlackRock leads $86M Bitcoin ETF inflow day, snapping weeks of bleeding appeared first on Crypto Briefing.
The post LIVE: Trump says Iran is plotting to kill him again, but he has a plan appeared on BitcoinEthereumNews.com.
Bitcoin stayed surprisingly steady near $64,000 even after Trump issued a fresh military warning to Iran. The coin gained roughly 2% to $64,100, while investors also moved toward gold as both assets traded more closely together during the latest burst of geopolitical and inflation anxiety. Trump said the U.S. already has weapons aimed at Iran and claimed the military could keep up a major campaign for at least a year if Tehran tries to kill him. “1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow,” Trump wrote on Truth Social. He added that orders had been issued and said the operation could be extended beyond one year, and ended the message with an uppercased “PRAISE BE TO ALLAH.” The bulk of Bitcoin’s gain came about as a result of the liquidation of traders out of their bearish positions, rather
The post Bitcoin Reclaims $64K on Oil-Driven Risk Rebound appeared on BitcoinEthereumNews.com.
Bitcoin News Bitcoin (BTC) pushed back above the $64,000 mark this weekend as a retreat in oil prices revived risk appetite across markets. Some analysts are already modelling ambitious targets for the next cycle, with veteran trader Peter Brandt anticipating a peak between $300,000 and $500,000 and Bernstein strategists citing $500,000 by 2029 on the back of spot exchange-traded fund demand. Our reading of the data urges caution: while Bitcoin has set a fresh record after every halving, the peak-to-peak multiples keep shrinking, and the deeper, more liquid market that ETFs create may temper the parabolic moves that defined earlier cycles. The immediate catalyst was a sharp unwind in crude. Brent briefly topped $76 a barrel mid-week on renewed Middle East tensions before sliding back toward the low $70s, easing inflation fears and lifting equities alongside crypto. As BTC rallied more than 2%
The post Bitcoin Treasury Firm Empery Digital Sells 1,400 BTC for $87 Million appeared on BitcoinEthereumNews.com.
Bitcoin News Nasdaq-listed Empery Digital has offloaded nearly half of its Bitcoin (BTC) reserves, selling 1,400 BTC since May 7 for roughly $87.1 million in gross proceeds, according to a recent SEC filing. The company sold at an average price near $62,200 per coin, directing $10 million toward retiring debt on July 7 and earmarking the remainder for a $65 million Midwest AI data-center stake and mounting legal costs from shareholder litigation. As of July 10, the firm held 1,514 BTC — worth close to $96.5 million — alongside about $73.9 million in cash, with $45 million still outstanding on its debt facility. Coverage of the entity continues on our Bitcoin hub. On-chain analysts frame the current phase as a slow, grinding bottom rather than a sharp capitulation. One prominent on-chain researcher argued that after February’s price-driven capitulation, Bitcoin has entered
