Bitcoin sees highest transaction activity in 17 years, market eyes $67,500 in July

The post Bitcoin Retraces As Oil Tanker Attacks in Strait of Hormuz Escalate U.S.-Iran Tensions appeared on BitcoinEthereumNews.com. Bitcoin is down today, falling below the psychological $63,000 level after a rally above $64,000 yesterday. The drop below $63,000 today follows attacks on oil tankers in the Strait of Hormuz, a development that further escalates tensions between the U.S. and Iran. Bitcoin Falls Amid Attack On Oil Tankers In Strait of Hormuz In an X post, the UK Military Center revealed an attack on an oil tanker in the Strait of Hormuz, with the tanker sustaining minor structural damage. This marked the second attack on an oil tanker in the Hormuz Strait today. The UK Military earlier reported about an oil tanker that also suffered structural damage. Meanwhile, there have now been attacks on vessels in the Strait in the last 24 hours. Bitcoin has retraced amid this development that again escalates tensions between the U.S. and Iran, with Qatar accusing Iran of being resp

The post Binance Launches BTC Yield to Provide Bitcoin Holders With Weekly Rewards appeared on BitcoinEthereumNews.com. Key highlights: Binance has launched a product offering Bitcoin holders a weekly yield However, Binance warned that investors can suffer large losses as principal is not protected Bitcoin yield products are surging in popularity with several service providers racing to launch their own versions The Binance crypto exchange has unveiled BTC Yield, a new product that allows long-term Bitcoin holders to generate potential weekly BTC income through an options-based strategy. The launch expands Binance’s growing suite of yield products as exchanges jostle to attract investors seeking passive income without actively trading cryptocurrencies. Covered call strategy powers BTC Yield According to the announcement, users subscribe to BTC Yield by depositing BTC, which is exchanged for BTCY, an asset representing their participation. Binance holds the deposited bitcoins as collate

Galaxy delivered 133 MW of critical IT load to CoreWeave under a 15-year lease. Helios shifted from Bitcoin mining into a revenue-generating AI data center campus. Phase II adds 260 MW as Galaxy targets over $1B in annual revenue from Helios. Galaxy has completed the first phase of power delivery at its Helios data center […] The post Galaxy Delivers 133 MW to CoreWeave as Bitcoin Mine Becomes AI Hub appeared first on Live Bitcoin News.

The potential quantum threat to Bitcoin underscores the urgent need for adopting post-quantum cryptography to safeguard digital assets. The post $470B of Bitcoin at risk from advancing quantum computing appeared first on Crypto Briefing.

The post SpaceX in Nasdaq 100: The Risk Repricing Case appeared on BitcoinEthereumNews.com. One stock can change the tone of a whole market. SpaceX stepping into the Nasdaq 100 is that kind of moment. It is not just another trophy ticker sliding into a big index. It is forced flows, crowded hedges, and a new narrative magnet for risk. If you trade tech, track ETFs, or even hold Bitcoin as your beta sleeve, you will feel this in some way. Maybe not on day one. But the plumbing is already moving. Let’s map the mechanics, the calendar, and the places this could leak into crypto and broader risk. Point Details Inclusion date Nasdaq said SpaceX (SPCX) joins the Nasdaq 100 before the open on Tue, Jul 7, 2026 Nasdaq press release. Forced buying size ETF.com estimates roughly 4.3 billion dollars of SPCX for QQQ alone, and 22 to 27 billion dollars of mechanical buying across Nasdaq 100 and Russell trackers ETF.com. IPO terms set float IPO priced at 135 dollar

The post Bernstein Sticks With $150K Bitcoin Target Despite Market Pullback appeared on BitcoinEthereumNews.com. Key highlights: Bernstein reaffirmed its $150,000 year-end Bitcoin target Analysts say institutional demand is stronger than what sentiment suggests Bitcoin ETFs have seen $5.5 billion in outflows this year, but overall flows remain positive The crypto market has been in a difficult period since the market crash in October, 2025, but investment firm Bernstein has refused to shy away from its prediction.  Even with the correction that has seen more than half of BTC’s value wiped out from its 2025 peak, the firm still says the Bitcoin price will hit $150,000 by the end of 2026. The coin is currently trading at a price of $63,000, down by about 54% from an all-time high of around $126,000.   Bitcoin correction looks different this time, Bernstein says Bernstein analysts led by Gautam Chhugani said the current downturn does not look like the previous crypto bear markets played o

The post Bitcoin Price Analysis: BTC’s Structure Remains Bearish Until This Key Level Is Reclaimed appeared on BitcoinEthereumNews.com. Bitcoin continues to recover from its recent sell-off, but the market remains trapped beneath a major resistance cluster that has capped every relief rally since the June breakdown. While short-term momentum has improved, BTC is now approaching a decisive area where the next move could determine whether the recovery evolves into a larger trend reversal or remains a corrective bounce within a broader bearish structure. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin remains in a clear downtrend, trading below the 100-day and 200-day moving averages, both of which continue to slope lower. The recent recovery from the $58K-$61K demand zone has helped stabilize the price action, but the asset is still trading beneath the major resistance area between $64K and $66.5K. It recently formed another higher low inside the broader support r

The post Bitcoin’s recovery to $64K on hold? KEY metrics flash mixed signals after leverage wipeout appeared on BitcoinEthereumNews.com. Following weeks of subdued derivatives activity, Bitcoin’s late-June decline triggered the first meaningful shift in market positioning. More importantly, aggressive short selling targeting this level was successful just twice, with one at $57.8K. At no point did the spot selling pressure diminish enough to prevent buyers from recovering their footing. The Open Interest had initially increased substantially over the previous week, peaking at approximately 530k BTC. Then, sharp liquidation quickly reduced most of the resulting leverage. Notably, Bitcoin prices began to recover from the low of $57.8K to a high near $64K. As a result, bearish positions closed while fresh long positions entered the market. Source: Glassnode These developments suggested growing investor confidence. Funding Rates also shifted from negative to slightly positive during the sa