The post Will BTC Skyrocket to the Moon as SpaceX Tests Transfers? appeared on BitcoinEthereumNews.com.
SpaceX moved less than $300 worth of Bitcoin across internal wallets without sending funds to exchanges. SpaceX holds 18,712 BTC, while Strategy continues using Bitcoin as its core treasury asset. Retail traders are monitoring institutional wallet activity for signs of future market moves. SpaceX’s first Bitcoin wallet activity in about six months has drawn attention from crypto market participants. Still, the transfers do not currently indicate a major change in the company’s Bitcoin strategy. On-chain data showed that the aerospace company moved small amounts of BTC between wallets shortly after becoming publicly traded. Notably, the activity comes as investors compare SpaceX’s Bitcoin holdings with Strategy’s more active treasury approach, where Bitcoin serves as the foundation of its corporate balance sheet. SpaceX Wallet Transfers Show Internal BTC Movement Blockchain tracking
The post Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap appeared on BitcoinEthereumNews.com.
Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP has defended the $1.10 support. It was another eventful week in the cryptocurrency markets, dominated by negative news, but BTC has somehow managed to stay afloat and mark some gains. Recall that bitcoin began its recovery last weekend after it had dipped below $58,000 earlier that week for the first time in nearly two years. However, it quickly rebounded and reclaimed the $60,000 resistance. It kept climbing on Friday and Saturday and tapped $63,300 before it retreated slightly to $62,500 on Sunday. Monday started on the right foot, with a surge to $64,000 for the first time in two weeks. However, the largest corporate holder of bitcoin announced its second sale in under two months at that point, resulting in immediate chaos. As this one was a lot more significant,
The post Capital Flees Spot Crypto ETFs: Bitcoin Leads with $95.3M in Outflows appeared on BitcoinEthereumNews.com.
Bitcoin, Ethereum, and Solana ETFs posted fresh outflows, signaling cautious investor sentiment after early July gains. Investor sentiment shifted again as money flowed out of U.S. spot crypto ETFs after several encouraging sessions. Earlier gains had raised hopes that institutional demand was strengthening in July. However, data now shows investors remain cautious as trading activity continues to swing between strong inflows and sharp withdrawals. Bitcoin ETF Momentum Slows After Early July Rally U.S. spot crypto ETFs saw Bitcoin investment vehicles post total net outflows of $95.30 million on July 9, ending a string of strong days earlier in the month. While daily flows turned negative, July has delivered better results than June, indicating improved engagement from institutional investors. Spot Bitcoin ETFs experienced net inflows of $265.7 million on July 6, marking o
The post Strategy Bitcoin Sales ‘Mostly Noise,’ Standard Chartered Says, Holding $100K BTC Call appeared on BitcoinEthereumNews.com.
In brief Strategy has started selling Bitcoin to fund dividends on its preferred stock, a shift from its long-standing “never sell” stance that has unsettled the market. Standard Chartered calls the selling “mostly noise” and a communication problem, and is sticking to its end-2026 Bitcoin forecast of $100,000. Bitcoin trades around $64,440, up 3.8% on the week but down 42% on the year, while Myriad traders give Strategy a slim chance of holding 1 million BTC this year. Strategy’s turn from hoarding Bitcoin to selling it, in order to pay dividends on its preferred stock, has “muddied” Bitcoin’s near-term prospects, according to a new Standard Chartered note that nonetheless urges investors to look past it. Last week, Bitcoin treasury company Strategy sold 3,588 BTC for about $216 million between June 29 and July 5 to cover preferred-share dividends and to
The post New Hampshire Rejects Bitcoin Bond, Sending A Chill Through State Crypto Finance Experiments appeared on BitcoinEthereumNews.com.
State government adoption of bitcoin just hit a brick wall in New England. New Hampshire’s executive council voted 3-2 to reject a bond structure that would have woven bitcoin into a public financing vehicle, killing the effort at the very last approval stage. The decision closes a chapter that many crypto advocates saw as a template for how states might begin accumulating digital assets on their balance sheets. The rejection, reported by the original report, leaves no room for parliamentary repair. The bond project had already progressed through earlier legislative and oversight steps, making the council’s essentially final vote a terminal setback. What was intended as a lean, pro-innovation funding mechanism now stands as an object lesson in how even crypto-friendly jurisdictions can balk when taxpayer-linked instruments are involved. What the bon
Capital Flees Spot Crypto ETFs: Bitcoin Leads with $95.3M in Outflows Bitcoin, Ethereum, and Solana ETFs posted fresh outflows, signaling cautious investor sentiment after early July gains. Investor sentiment shifted again as money flowed out of U.S. spot crypto ETFs after several encouraging sessions. Earlier gains had raised hopes that institutional demand was strengthening in […]
The post Capital Flees Spot Crypto ETFs: Bitcoin Leads with $95.3M in Outflows appeared first on Live Bitcoin News.
The post Bitcoin Cash Outpaces Bitcoin and Ethereum as Altcoin Rally Gains Steam appeared on BitcoinEthereumNews.com.
The post Bitcoin Cash Outpaces Bitcoin and Ethereum as Altcoin Rally Gains Steam appeared first on Coinpedia Fintech News Bitcoin Cash is emerging as one of the strongest performers in today’s crypto market after BCH climbed more than 5%, comfortably outpacing Bitcoin and Ethereum. As the broader altcoin rally gathers pace, traders are now watching whether Bitcoin Cash can sustain its momentum and lead the market’s next leg higher. Bitcoin Cash Price Analysis: Can … Source: https://coinpedia.org/price-analysis/bitcoin-cash-outpaces-bitcoin-and-ethereum-as-altcoin-rally-gains-steam/
