VIRTUAL up +17.08%, BTC +0.09%, Virtuals Protocol is The Coin of The Day – Daily Market Update for Jul 11, 2026 | CoinCodex

The post Micron’s $250B AI-Chip Investment Signals Risk-On Backdrop for Bitcoin appeared on BitcoinEthereumNews.com. Crypto News Micron Technology has raised its planned US manufacturing and research commitment to $250 billion, up from an earlier $200 billion target, in a move US President Donald Trump announced on July 9 via Truth Social. Trump framed the expanded outlay as evidence of what he calls the “Trump Effect,” projecting roughly 100,000 American jobs. Chief Executive Sanjay Mehrotra confirmed the acceleration, saying the memory-chip maker is running ahead of schedule on domestic capacity. The upgraded figure stretches the build-out timeline to 2035 and positions Micron as one of the largest single corporate manufacturing pledges tied to the current push to reshore semiconductor production onto American soil. The commitment moved from paper to concrete this week as Micron poured the first foundations at its Clay, New York campus, formally breaking ground on a DRAM megafab. The

The post Strategy Sells 3,588 Bitcoin (BTC) for $216M in First Major Sale appeared on BitcoinEthereumNews.com. Bitcoin News Strategy has sold 3,588 Bitcoin (BTC), generating $216 million to fund dividends on its digital credit securities, in what the company confirms is its first large-scale disposal. As of July 6, the firm still held 843,775 BTC alongside $2.55 billion in cash, according to the company’s own disclosure. The proceeds cover second-quarter dividends on STRF, STRE, STRK and STRD plus June’s STRC payment. Michael Saylor framed the sale through his BTC Breakeven ARR metric, arguing that if Bitcoin compounds above 3.3% annually, capital gains can sustain STRC dividends indefinitely — and that even at 0% growth the treasury holds 31 years of funding. The batch equals roughly 0.4% of holdings. Corporate demand stayed firm despite the divestment: public companies added a net 7,314 BTC in June, worth about $427 million at the month’s close. Firms bought roughly 8,992 BTC and sol

The post Metaplanet Explores Bitcoin-Backed Digital Credit With JPYC And Progmat appeared on BitcoinEthereumNews.com. The corporate Bitcoin treasury model pioneered by MicroStrategy is evolving. In Japan, a company explicitly modeled after that playbook—Metaplanet—is now studying whether it can borrow against its Bitcoin stack instead of just holding it. According to a report by WuBlockchain, Metaplanet has launched a feasibility study with stablecoin issuer JPYC, tokenization platform Progmat, and its own securities subsidiary to design Bitcoin-backed digital credit products. The concept combines three elements: Bitcoin as collateral, stablecoins for on-chain settlement, and Progmat’s tokenization infrastructure to enable 24/7 issuance and interest payments. No issuance volumes or timelines have been set, and the parties emphasized that the study is only a first step. But the direction is clear: Metaplanet wants to turn illiquid Bitcoin reserves into a source of working capital withou

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 […]