Oil Soars, Bitcoin Plunges as Trump Declares Iran MoU ‘Is Over’
USOIL just hit a two-week peak after Trump's latest statement.
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The post BTC Price Prediction: Dead MACD, Death-Cross Overhang — Bears Eye $58K if $61,980 Breaks appeared on BitcoinEthereumNews.com. Timothy Morano Jul 08, 2026 07:09 Bitcoin at $62,615 is pinned below its pivot point and every major moving average that matters, with MACD momentum converging to zero — the most dangerous inflection point on the chart. Unless bull… BTC’s Technical Reality Check At $62,615, Bitcoin isn’t drifting — it’s compressing against a stack of resistance that has no reason to give way yet. The single most telling signal right now isn’t any individual indicator; it’s the convergence happening across all of them simultaneously. The MACD line and signal line have met exactly at -714.77, collapsing the histogram to zero. That sounds neutral on the surface, but veteran traders know what it actually means: this is the moment of truth. Zero histogram is where markets declare direction. With price sitting below both the EMA 26 at $63,136 and the daily p
Read full articleUSOIL just hit a two-week peak after Trump's latest statement.
The post Russia Drops Wallet Reporting From Its Final Crypto Bill: Here’s What the Law Now Says appeared on BitcoinEthereumNews.com. Key Takeaways Russia’s Duma committee approved the final crypto bill draft, with second and third readings eyed for July 21. The revised text drops mandatory wallet-address reporting; only balances and transaction flows must be declared. The Bank of Russia plans to cap retail purchases near $4,000 a year, limited to BTC, ETH and USDT from 2026. A Major Reform Is Underway Russia’s parliamentary Committee on Financial Markets has approved the final version of the country’s sweeping digital currency bill, clearing the path for its second reading in the State Duma. The committee, chaired by lawmaker Anatoly Aksakov, signed off on a package of amendments that softens some of the draft’s most contentious surveillance provisions while keeping the state firmly in control of who may buy and sell crypto assets. Image source: X The most notable change removes mandat
The post Satoshi Bitcoin lawsuit drops 44 wallets after on-chain activity appeared on BitcoinEthereumNews.com. A New York lawsuit seeking legal ownership of dormant Bitcoin wallets has narrowed after several listed addresses moved funds. Summary Noah Doe’s legal team dropped 44 wallets after on-chain activity challenged the abandonment claim. The removed wallets held 21,443 BTC when the lawsuit started, according to Galaxy’s Thorn. Related filings and amicus briefs argue dormant self-custody does not prove Bitcoin was abandoned. Galaxy Research head Alex Thorn said the plaintiffs in the “abandoned bitcoin” lawsuit dropped 44 of 39,069 listed defendants. The case was filed by “Noah Doe” and two Wyoming entities seeking title to long-dormant Bitcoin wallets. Thorn said every removed wallet had moved coins on-chain since the case was filed. “Every single one had moved coins onchain since the case was filed,” he wrote in a July 8 thread on X. Meanwhile, the lawsuit asks the New York Supre
Noah Doe’s Bitcoin ownership lawsuit loses 44 wallets after on-chain moves challenge abandoned-property claims over Satoshi-era BTC.
The post The Stablecoin Ghost of 2022 Is Back to Haunt the Bitcoin Price appeared on BitcoinEthereumNews.com. The Bitcoin price keeps stalling, and one overlooked force helps explain it. The stablecoins that fund crypto buying are both shrinking and moving less, the same setup that preceded Bitcoin’s 2022 crash. Data from DeFiLlama and Dune shows the market’s cash pile draining just when buyers are needed most. On its own, that is a headwind. Pushed far enough, it has been a trigger. How a Thinner Cash Pile Slows Bitcoin Stablecoins are the cash of crypto. Traders park dollars in USDT and USDC, then use them to buy Bitcoin and other coins. When that pool grows, more money stands ready to buy. When it shrinks, buying power drains away. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The record shows the drag. Since 2020, when the stablecoin supply was expanding, the Bitcoin price averaged a +5.2% gain over the next 30 days and +18.9%
Bitcoin's performance is pivotal for Strategy Inc.'s financial health, influencing market confidence and future dividend sustainability. The post Saylor: Bitcoin must appreciate over 3% annually to sustain Strategy dividends appeared first on Crypto Briefing.
The post Satoshi Ownership Lawsuit Fails – U.Today appeared on BitcoinEthereumNews.com. Debunking “dormancy” claims A flawed $10 valuation The laughingly audacious legal attempt to claim legal ownership over billions of dollars worth of early-mined Bitcoin, including the legendary fortune of Bitcoin creator Satoshi Nakamoto, is currently unraveling. According to updates shared by Alex Thorn, head of firmwide research at Galaxy, the pseudonymous plaintiffs behind the controversial “abandoned bitcoin” lawsuit have “just quietly dropped 44 of its 39,069 defendants” after on-chain data proved the wallets are actually active. Thorn noted that “every single one had moved coins onchain since the case was filed.” Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet Debunking “dormancy” claims As reported by U.Today, the lawsuit was recently filed in the New York County Supreme Court
Russia’s State Duma Financial Markets Committee has approved the final version of the country’s landmark crypto bill, dropping mandatory wallet-address reporting and clearing the way for a second reading. A Major Reform Is Underway Russia’s parliamentary Committee on Financial Markets has approved the final version of the country’s sweeping digital currency bill, clearing the path […]