Bitcoin dominance hits one-month low as altcoin winners start breaking away

The post Top Bitcoin Casinos in Mexico for 2026 appeared on BitcoinEthereumNews.com. If you haven’t yet joined a crypto casino in Mexico, you’ll find the process is quite simple. In fact, it isn’t much different from joining a local Mexican-licensed online casino. If you’re new to the concept, here are the steps you need to take. Step 1: Choose a Casino First, choose your preferred online casino. We recommend choosing one of our top-recommended Mexican casinos featured on this page, as we’ve independently tested and approved those for players in Mexico. Step 2: Register As a New Player Follow our CoinGape links to head over to your casino of choice. Once there, hit the relevant sign-up button on the homepage or lobby. Enter your personal details (only those that are mandatory if you prefer your privacy) before submitting the e-form. You may be required to check your email for a confirmation message to verify your account. Step 3: Complete KYC (If Required) If your crypto casino goes in

The post Grayscale defends Strategy’s Bitcoin sale with unexpected bullish case appeared on BitcoinEthereumNews.com. Grayscale Research has argued that Strategy’s recent $216 million Bitcoin sale has improved the company’s financial position while helping create conditions for a more stable Bitcoin price. Summary Grayscale says Strategy’s $216 million Bitcoin sale has reduced financing risk and strengthened its balance sheet. The research firm argues higher cash reserves could support a more durable Bitcoin price bottom over time. Bitcoin rebounded above $63,000 as BlackRock’s ETF recorded fresh inflows and trading volume surged. According to a July 6 report from Grayscale Research, the market reaction to Strategy’s decision to sell part of its Bitcoin holdings has overlooked what the firm sees as a strengthening of the company’s balance sheet rather than a sign of financial stress. The report comes after Michael Saylor’s company faced criticism when Bitcoin briefly fell to the $61,000

Grayscale Research has argued that Strategy’s recent $216 million Bitcoin sale has improved the company’s financial position while helping create conditions for a more stable Bitcoin price. According to a July 6 report from Grayscale Research, the market reaction to…

The post Bitcoin Sticks to $63,000 as John Bollinger Eyes a ‘Critical Point’ for BTC price appeared on BitcoinEthereumNews.com. Bitcoin (BTC) circled $63,000 after Tuesday’s Wall Street open as chip companies led a dip in US stocks. Key points: Bitcoin attempts to hold $63,000 after seeing its highest levels in two weeks. US stock markets see a correction on the day SpaceX joins the Nasdaq-100. Bollinger Bands creator John Bollinger continues to eye a long-term BTC price reversal. BTC price comes off two-week highs as US stocks fall Data from TradingView showed BTC price action cooling after a trip to $64,660 — its highest point since June 22. BTC/USD one-day chart. Source: Cointelegraph/TradingView BTC/USD surfed a comedown in US equities, with the S&P 500 and Nasdaq 100 down 0.6% and 2.1%, respectively, at the time of writing. Chip stocks led the sell-off, with Micron Technologies, whose earnings were highly anticipated last month, down over 9%. Micron Technologies stock one-hour cha

The post Analysts see more upside for SpaceX as post-IPO research begins appeared on BitcoinEthereumNews.com. Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712 bitcoin BTC$63,942.17 as of March 31, went public in June, raising $75 billion in one of the year’s largest IPOs. Shares were priced at $135 in the offering. The stock was trading at $150.93 on Tuesday, down more than 6% from recent post-listing highs but still above its IPO price. The two lead underwriters, Goldman Sachs and Morgan Stanley, both initiated coverage with buy-equivalent ratings. Goldman analyst Eric Sheridan set a price target of $205, while Morgan Stanley’s Adam Jonas assigned a $300 target. They were joined by analysts at Bank of America, Citigroup, Deutsche Bank,

The post ANSEM soars 299% and brings Solana’s memecoin trenches back to life appeared on BitcoinEthereumNews.com. The Black Bull (ANSEM) is up roughly 299% over seven days, trading with $64.9 million in 24-hour volume and a market cap near $173 million, per CoinGecko. That size puts ANSEM in a category that traders treat as a read on Solana’s broader risk appetite. Traders are calling the move a sign the trenches are back, and DefiLlama shows Pump.fun volume at $5.33 billion in weekly DEX volume and $18.22 billion over 30 days. July 4 was the first day Pump.fun and PumpSwap crossed $1 billion in daily volume since April 8, and the week of June 29 to July 5 was the first above $5 billion since late March. On July 1, Solana’s memecoin factory hit its highest daily numbers for token launches and graduations in 80 days, driven largely by ANSEM. The token has already spawned competing variants, and copycat dilution is usually one of the first signs that a trench cycle is picking back up. Ph

The post ‘True Tokens Exist’: Solana Founder Yakovenko Rejects Myth That Only Bitcoin Has Value appeared on BitcoinEthereumNews.com. A new round of debate is gaining momentum on X over why investors should hold base-layer network tokens at all. In the crypto community, the view has taken hold that only Bitcoin has established itself as a valuable asset, while all other tokens are just attempts to build technology platforms that cannot retain value and do not provide compound returns. Solana founder Anatoly Yakovenko tried to put an end to the latest discussion in a new post, explaining why this myth is wrong and why there are “true tokens” on the market with a fundamentally different form of ownership. Why holding ‘true tokens’ isn’t useless: Solana’s Yakovenko explains According to Yakovenko’s logic, traditional stocks provide only legal rights, which any government can freeze with a single click. In contrast, the head of Solana points to infrastructure tokens, which provide not paper

Bitcoin dominance signals are among the indicators the analyst believes point toward a changing market cycle.