Current Price of Bitcoin Holds Firm as Accumulation Signals Grow

The post Bitcoin Reclaims $64K as Spot ETF Flows Turn Positive After 8 Weeks appeared on BitcoinEthereumNews.com. Bitcoin News Spot Bitcoin (BTC) exchange-traded funds have flipped back to net inflows, ending an eight-week outflow streak that had drained more than $8 billion from the products. Fund-flow data shows roughly $200 million entered US spot Bitcoin ETFs last week, the first positive weekly print in two months, led by a single-day intake of $265.7 million on Monday. Ether funds turned the same corner, absorbing $84.4 million in their strongest week since April. The reversal coincided with a roughly 3% weekly gain that carried BTC back above the $64,000 mark, hinting that institutional demand is stabilizing after a punishing quarter. Bitcoin has defended $64,000 for the better part of a day, extending a gradual recovery off the July 1 flush that briefly printed a multi-year low beneath $58,000. On-chain and order-flow data show the asset rebounded to reclaim $60,000, pushed to

The post Pyth Network (PYTH) Price Eyes a 30% Rally as Core Upgrade Boosts Long-Term Fundamentals appeared on BitcoinEthereumNews.com. The post Pyth Network (PYTH) Price Eyes a 30% Rally as Core Upgrade Boosts Long-Term Fundamentals appeared first on Coinpedia Fintech News The Pyth Network price has been surging for the second consecutive week, withstanding significant bearish pressure. In the past 24 hours, the price has surged nearly 7%, recording weekly gains of over 20%. With this, the token has reached a crucial resistance within a bearish pattern, breaking which, the price may begin a fresh ascending … Source: https://coinpedia.org/price-analysis/pyth-network-pyth-price-eyes-a-30-rally-as-core-upgrade-boosts-long-term-fundamentals/

The post XRP News: Weekly RSI Went Oversold Only Twice in 12 Years – Big Rally Coming? appeared on BitcoinEthereumNews.com. The post XRP News: Weekly RSI Went Oversold Only Twice in 12 Years – Big Rally Coming? appeared first on Coinpedia Fintech News XRP’s weekly RSI has dropped below 30 for only the second time in 12 years. The last time this happened, XRP climbed from below $0.30 to over $3.60, seeing a rally of more than 1,100%.  Now, with XRP trading near $1.10 again, leaving traders wondering if XRP is preparing for another big rally. XRP Weekly … Source: https://coinpedia.org/news/xrp-news-weekly-rsi-went-oversold-only-twice-in-12-years-big-rally-coming/

The post Micron’s $250B AI-Chip Investment Signals Risk-On Backdrop for Bitcoin appeared on BitcoinEthereumNews.com. Crypto News Micron Technology has raised its planned US manufacturing and research commitment to $250 billion, up from an earlier $200 billion target, in a move US President Donald Trump announced on July 9 via Truth Social. Trump framed the expanded outlay as evidence of what he calls the “Trump Effect,” projecting roughly 100,000 American jobs. Chief Executive Sanjay Mehrotra confirmed the acceleration, saying the memory-chip maker is running ahead of schedule on domestic capacity. The upgraded figure stretches the build-out timeline to 2035 and positions Micron as one of the largest single corporate manufacturing pledges tied to the current push to reshore semiconductor production onto American soil. The commitment moved from paper to concrete this week as Micron poured the first foundations at its Clay, New York campus, formally breaking ground on a DRAM megafab. The

The post Strategy Sells 3,588 Bitcoin (BTC) for $216M in First Major Sale appeared on BitcoinEthereumNews.com. Bitcoin News Strategy has sold 3,588 Bitcoin (BTC), generating $216 million to fund dividends on its digital credit securities, in what the company confirms is its first large-scale disposal. As of July 6, the firm still held 843,775 BTC alongside $2.55 billion in cash, according to the company’s own disclosure. The proceeds cover second-quarter dividends on STRF, STRE, STRK and STRD plus June’s STRC payment. Michael Saylor framed the sale through his BTC Breakeven ARR metric, arguing that if Bitcoin compounds above 3.3% annually, capital gains can sustain STRC dividends indefinitely — and that even at 0% growth the treasury holds 31 years of funding. The batch equals roughly 0.4% of holdings. Corporate demand stayed firm despite the divestment: public companies added a net 7,314 BTC in June, worth about $427 million at the month’s close. Firms bought roughly 8,992 BTC and sol

The post Metaplanet Explores Bitcoin-Backed Digital Credit With JPYC And Progmat appeared on BitcoinEthereumNews.com. The corporate Bitcoin treasury model pioneered by MicroStrategy is evolving. In Japan, a company explicitly modeled after that playbook—Metaplanet—is now studying whether it can borrow against its Bitcoin stack instead of just holding it. According to a report by WuBlockchain, Metaplanet has launched a feasibility study with stablecoin issuer JPYC, tokenization platform Progmat, and its own securities subsidiary to design Bitcoin-backed digital credit products. The concept combines three elements: Bitcoin as collateral, stablecoins for on-chain settlement, and Progmat’s tokenization infrastructure to enable 24/7 issuance and interest payments. No issuance volumes or timelines have been set, and the parties emphasized that the study is only a first step. But the direction is clear: Metaplanet wants to turn illiquid Bitcoin reserves into a source of working capital withou

The post Ethereum Power Consumption Falls More Than 99.9% After The Merge appeared on BitcoinEthereumNews.com. The post Ethereum Power Consumption Falls More Than 99.9% After The Merge appeared first on Coinpedia Fintech News A new report from the Cambridge Centre for Alternative Finance estimates Ethereum now uses about 7.87 GWh of electricity per year, down more than 99.9% since The Merge. The report also estimates annual carbon emissions have fallen by about 99.98%. The findings highlight the network’s significantly lower environmental impact following its transition to proof-of-stake. Researchers … Source: https://coinpedia.org/crypto-live-news/ethereum-power-consumption-falls-more-than-99-9-after-the-merge/

The post Crypto Market Weekly: Standard Chartered’s $100K BTC Target, Robinhood Chain Mania, and Circle’s Bank Charter appeared on BitcoinEthereumNews.com. The crypto market this week was shaped by bullish events such as returning ETF inflows and Bitcoin (BTC) moving to $64,000. But three other key events: Standard Chartered’s bullish forecast, hype around Robinhood Chain, and Circle receiving a bank charter also topped discussions. Standard Chartered Reiterates $100K Bitcoin Target as Crypto Market Rebounds Standard Chartered analyst Geoff Kendrick has reiterated his bullish forecast on BTC, saying Bitcoin will reach $100,000 by the end of 2026. The analyst noted that the current price of Bitcoin of $64,000 “is a screaming buy” because the fears around Strategy selling BTC will gradually ease as the crypto market comes to terms with the fact that the company has changed from a net buyer to an occasional seller. Kendricks’ remarks come after Strategy sold $216 million worth of Bitcoin