A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]
The post Bitcoin volatility-proof loans Transform Strike’s Crypto Lending appeared on BitcoinEthereumNews.com.
Strike rolled out bitcoin volatility-proof loans on July 7, offering borrowers a product that strips out every price-triggered liquidation mechanism — no margin calls, no automatic sell-offs, no matter how far bitcoin falls. It’s a direct answer to one of the most persistent complaints about crypto lending: the forced liquidation that punishes holders during the exact market crashes when they most need liquidity. Key takeaways Strike launched volatility-proof bitcoin loans on July 7, eliminating all price-triggered liquidations for the loan’s life. Collateral stays untouched as long as payments are made; missed payments trigger a 10-day grace period before partial liquidation can occur. Initial LTV is capped at 45%, term length is six months, and interest rates run roughly 2.95 percentage points higher than Strike’s standard product. The product is not available in California,
The post Jack Dorsey’s Spiral Expands Into AI With Goose Team appeared on BitcoinEthereumNews.com.
Spiral has brought in the core team behind Block’s Goose AI framework. The goal is to turn Goose into a bigger open‑source platform for autonomous AI agents. Jack Dorsey believes that both Bitcoin and AI should develop as open ecosystems. Jack Dorsey’s Bitcoin open‑source project, Spiral, is moving beyond Bitcoin infrastructure and stepping into agentic AI. It was reported that Spiral has brought in the core team behind Block’s Goose AI framework to turn Goose into a bigger open‑source platform for building autonomous AI agents. In the past, Jack Dorsey has said that both Bitcoin and AI should develop as open ecosystems rather than being locked up by a few large tech companies. As such, this announcement aligns with his views and strategy. What is Spiral? Spiral is an independent, open-source project funded by Block, Jack Dorsey’s fintech company. It started as Square Crypto but rebranded
The post Bitcoin Stalls as Ethereum Flashes Worst Weekly Signal in Years: Analysis appeared on BitcoinEthereumNews.com.
In brief Bitcoin fell 2.89% this week, closing at $61,749 after failing to break resistance in the $64–65K range—the key zone bulls needed to reclaim to change the short-term narrative. Ethereum confirmed a weekly death cross for the first time in years, with its 50-week EMA now below its 200-week EMA, and prediction market traders now pricing a 72.3% chance ETH hits $1,500 before it sees $3,000 again. The broader crypto Fear & Greed Index sits at 23 (extreme fear), spot Bitcoin ETFs just ended a 10-day, $2.7 billion outflow streak. The crypto market enters the second week of July in rough shape. Bitcoin is holding on, but just barely, in the low $60,000s after briefly touching 21-month lows under $58,000 last week. Ethereum is below $1,750, down around 4% on the day, and more than 30% in the last year. The broader market is down, of course, and altcoins are down hard
Bitcoin is looking slightly more optimistic but failed the breakout everyone was watching. Meanwhile, ETH just printed a weekly death cross for the first time in years.
The post Bitcoin’s Tug-of-War: Near Stability or Impending Shift? appeared on BitcoinEthereumNews.com.
Following a notable bounce in early July, Bitcoin‘s price trajectory remains shrouded in uncertainty. Initial declines below $58,000 were promptly followed by a rebound to $64,657, only to see the cryptocurrency retract again to approximately $62,417 a couple of days later. Continue Reading:Bitcoin’s Tug-of-War: Near Stability or Impending Shift? Source: https://en.bitcoinhaber.net/bitcoins-tug-of-war-near-stability-or-impending-shift
The post Gold slips as Trump’s Iran warning lifts US Dollar appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) price dives over 1.30% on Wednesday as tensions in the Middle East bolstered the Greenback after US President Donald Trump said that the agreement to end the war with Iran was “over.” At the time of writing, XAU/USD trades at $4,059 after hitting a four-day low of $4,021. XAU/USD falls as Oil spike revives Fed tightening risks The yellow metal is feeling the strength of the US Dollar (USD) and also of rising US Treasury yields. US President Trump’s doubts about making a deal with Iran increased the chances of a resumption of attacks, exerting pressure on Oil prices. Western Texas Intermediate (WTI), the US crude Oil benchmark, gains over 3%, with the barrel quoting at $74.50 at the time of writing. This boosted the Greenback as high energy prices pose the risk of high inflation, fueling bets for higher interest rates. The US Dollar Index (DXY), which tracks the buck’s perform
Tennessee's crypto ATM ban may signal a trend towards stricter regulations, potentially hindering Bitcoin's broader market adoption and growth.
The post Tennessee bans Bitcoin and crypto ATMs appeared first on Crypto Briefing.
The post Bitcoin Maxi Warns BIP-110 Failure Could Mean the End of Permissionless Money appeared on BitcoinEthereumNews.com.
BIP-110 has become a symbolic battle over Bitcoin’s future direction, from censorship resistance to network governance. Bitcoin maximalist Justin Bechler has warned that the failure of BIP-110 would leave BTC permanently under the control of what he called a “fiat funding apparatus.” He also argued that the network would lose its role as permissionless, censorship-resistant money. BIP-110 Is Bitcoin’s “Line in the Sand” With debate over the proposed soft fork continuing to divide members of the Bitcoin community, Bechler took to X, writing a lengthy post titled “My Plan for the Death of Bitcoin,” where he framed BIP-110 as a direct response to what he called catastrophic spam abuse that BTC’s network has suffered since February 2023, worsened after Core v.30 removed limits on OP-RETURN data. According to him, Bitcoin’s defining feature is that anyone can run a n