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The post Analyst warns Bitcoin could slide to $56,550 amid Iran reversal appeared on BitcoinEthereumNews.com. Following a short-term recovery above $64,000, Bitcoin (BTC) rapidly reversed and plummeted toward $62,000 in the night between July 7 and 8, leading one popular cryptocurrency analyst to warn that $56,550 might be its next target. Specifically, in a Wednesday X post, Ali Martinez explained that BTC was rejected after reaching the top of the channel at $63,600 and that it now faces a potential drop toward $59,700. The ultimate target of the downside, the on-chain expert added, could be as low as $56,550, considering that the price represents the bottom of the channel. Bitcoin $BTC is getting rejected at the top of its channel. This could trigger a pullback toward $59,700, with $56,550 as the next downside target. pic.twitter.com/GvI9fMFQbD — Ali Charts (@alicharts) July 8, 2026 How a reversal in Iran negotiations triggered a Bitcoin price crash Meanwhile, Bitcoin’s latest down
Read full articleNetanyahu's claims could escalate tensions, complicating diplomatic efforts and impacting global security and market stability. The post Iran ‘definitely’ possesses chemical weapons, would not hesitate to kill americans: Netanyahu appeared first on Crypto Briefing.
The strike's strategic focus on military targets over oil infrastructure aims to pressure Iran while minimizing global economic disruption. The post Donald Trump confirms US strike on kharg island, spares oil infrastructure appeared first on Crypto Briefing.
The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared on BitcoinEthereumNews.com. Top public Bitcoin miner CleanSpark’s latest BTC count carried a footnote that may matter more than the headline total: of the 13,924 BTC it reported as of June 30, 1,719 BTC was posted as collateral or recorded as a receivable, all tied to derivative transactions That amounts to roughly 12% of the miner’s reported Bitcoin balance held in financing or risk-management mechanisms rather than functioning as a readily available reserve. For reference, CleanSpark currently owns the 11th-largest public Bitcoin treasury among operating companies. The disclosure does not imply misuse. It does show why miner treasuries are getting harder to read as the same BTC stacks are marketed as strength, sold for cash, pledged, restricted, or moved through derivatives. Related Reading Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid Coi
The post Kazakhstan Crypto Decree Targets Mining And Stablecoins appeared on BitcoinEthereumNews.com. Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move signals Kazakhstan’s latest effort to expand its role in the crypto industry and establish itself as a major global crypto hub. Stablecoins enter Kazakhstan’s cross-border trade plans In one of its key directions, the decre
Heightened geopolitical tensions may lead to increased military engagement and economic repercussions, influencing global market dynamics. The post Trump claims US can access Iran’s buried nuclear sites amid conflict appeared first on Crypto Briefing.
BlackRock's Bitcoin purchase may signal renewed institutional confidence, potentially influencing market sentiment and future price trends. The post BlackRock buys $250M Bitcoin after two weeks of selling appeared first on Crypto Briefing.
Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.
