The post DOJ Advances US Strategic Bitcoin Reserve Plan. appeared on BitcoinEthereumNews.com.
DOJ reviews legal authority for the US Strategic Bitcoin Reserve with federal agencies. Treasury and Commerce continue discussions over oversight of national Bitcoin holdings. Congress considers BITCOIN and ARMA Acts to establish the reserve through legislation. The U.S. Department of Justice is working with the Treasury and Commerce departments to establish a Strategic Bitcoin Reserve despite ongoing disagreements over oversight. The legal review marks another step toward implementing the reserve, although federal agencies continue evaluating the most appropriate governance structure. DOJ Reviews Legal Authority for Bitcoin Reserve The U.S. Department of Justice’s Office of Legal Counsel is working closely with the Treasury and Commerce departments on the Strategic Bitcoin Reserve initiative. The effort aims to determine which federal agency has the legal authority to oversee the proposed res
The post New Hampshire to consider $100M bond proposal for CleanSpark-linked Bitcoin acquisition appeared on BitcoinEthereumNews.com.
New Hampshire’s Governor and Executive Council is scheduled to consider a proposal on Wednesday, July 8, that would allow up to $100 million in taxable revenue bonds to finance Bitcoin acquisition by a CleanSpark-related borrower. According to the council’s published agenda, the proposal will be heard by the state’s Business Finance Authority. It would fund the purchase of Bitcoin while covering bond issuance expenses. If approved, the financing would represent another example of Bitcoin treasury strategies expanding beyond traditional equity and debt markets. Agenda outlines $100M Bitcoin financing proposal Agenda item six under the Business Finance Authority calls for a public hearing on a recommendation to issue not more than $100 million in taxable revenue bonds. The agenda states that proceeds would be used by NH CleanSpark Borrower Trust 2026-1, a
The post Kenya’s Markets Regulator Seeks Blockchain Tool to Track Crypto Crime appeared on BitcoinEthereumNews.com.
In brief Kenya’s Capital Markets Authority is seeking to buy a blockchain analytics platform to police the country’s virtual assets market. The tool would monitor Bitcoin, Ethereum, and at least 20 other networks to flag fraud, money laundering, terrorism financing, and sanctions evasion. The move follows the Virtual Assets Service Providers Act of 2025, which brought Kenya’s crypto sector under formal regulation for the first time. Kenya’s securities regulator wants to buy a blockchain surveillance system to help police the country’s fast-growing crypto market, as it prepares to license and supervise virtual asset firms under a new law. The Capital Markets Authority is seeking an advanced blockchain analytics platform to monitor digital asset transactions, investigate suspicious activity, and enforce compliance, according to tender documents seen by Capital FM Africa. Th
The post Polymarket Lawsuit Bitcoin Market Dispute Explained appeared on BitcoinEthereumNews.com.
A prediction market dispute that started with a single SEC filing has turned into a full-blown legal battle. Two traders have filed a Polymarket lawsuit over Bitcoin tied to Strategy’s sales, alleging the platform improperly resolved a market — and in doing so, broke its own foundational promise of rules-based outcomes. Key takeaways Plaintiffs William Wood and Thomas Bush sued Polymarket in the New York Supreme Court on July 3, naming CEO Shayne Coplan and CMO Matthew Modabber as defendants. Strategy disclosed in an SEC Form 8-K filed June 1 that it sold 32 BTC between May 26 and May 31, within the contract’s event window. Polymarket resolved the market as “No” after a UMA vote on June 3, despite the SEC filing confirming sales within the deadline period. Plaintiffs allege Polymarket introduced a post-trading confirmation requirement that wasn’t part of the original market rules. Neither
The post Bitcoin Price Prediction Turns Risky as $65K Rally Weakens appeared on BitcoinEthereumNews.com.
Key Insights Bitcoin recovered after Strategy’s sale concern faded. Offshore leverage drove the rebound more than spot demand. Weak U.S. demand kept the rally exposed. Bitcoin price prediction shifted after Bitcoin recovered from the selloff to $61,300. The rebound followed Strategy’s Bitcoin sale announcement, which initially hurt trader sentiment. The move also showed that bulls had not secured full market control. The broader Bitcoin price prediction now depends on market structure, not only recovery speed. Strategy’s added $216 million cash position eased dividend and debt concerns. However, derivatives data suggested traders still treated the rebound as fragile. Bitcoin Price Prediction Faces Leverage Test Laevitas data showed Bitcoin perpetual futures funding reached 9% on Monday. That move reflected balanced demand between long and short leverage. It also marked a clear break
The post Wintermute Cautions ‘Relief Rally’ Likely as Bitcoin Touches Highest Price in Weeks appeared on BitcoinEthereumNews.com.
In brief Wintermute believes recent Bitcoin and crypto price action is a clear relief rally, or short-term price recovery. The market maker pointed to rising ETF inflows, macro easing, and a dovish Fed tone as contributing variables. Bitcoin has jumped more than nearly 10% in the last week, but is still down nearly 50% from October’s peak. Bitcoin has jumped nearly 10% in the last week of trading, recently changing hands at $64,023 after touching a two-week high above $64,500 on Monday. But market-making firm Wintermute says it’s still “somewhat cautious,” suggesting the recent price jump is more of a relief rally than a structural shift. In other words, the firm believes this is a temporary or short-term recovery as opposed to a significant, fundamental shift in the market. “This looks like a textbook relief rally, and it makes sense given the input,” the f
The post SpaceX Nasdaq-100 Entry Brings Bitcoin Exposure To Passive Index Investors appeared on BitcoinEthereumNews.com.
Today (July 7, 2026) SpaceX formally joins the Nasdaq-100 Index. The inclusion comes just weeks after the company’s public debut and follows its disclosure of 18,712 BTC on the balance sheet. JPMorgan estimates that index rebalancing will drive approximately $4.3 billion in passive inflows from Nasdaq-100-tracking funds and ETFs. This development is more than headline news. It creates a structural, rules-based channel for institutional capital to gain exposure to Bitcoin through a corporate treasury vehicle — without requiring active allocation decisions, new mandates, or direct cryptocurrency purchases.For corporate treasury teams, capital allocators, and institutional investors evaluating Bitcoin on balance sheets, the move provides a clear data point on how the strategy can intersect with mainstream equity infrastructure. The Mechanics of Structural Demand Passive
The post Bitcoin Mining Stocks Sink 20% – How Did BTC Price Avoid the Damage? appeared on BitcoinEthereumNews.com.
Bitcoin mining stocks have fallen roughly 20% as investor enthusiasm for AI and semiconductors cools, according to a July 7 report from 10x Research. Bitcoin (BTC) itself has largely sidestepped the damage. The research firm argues that miners now trade as AI infrastructure companies rather than Bitcoin proxies. Their shares respond to chip supply chains and compute demand instead of crypto market signals. Bitcoin Mining Stocks Now Trade Like Semiconductor Plays According to the report, mining equities have largely decoupled from Bitcoin after a sharp rally and an equally sharp reversal. The firm’s data shows Riot Platforms (RIOT) moving in step with the semiconductor SOX ETF since April 2026. Both recently retreated from their highs together. Riot Platforms stock price vs. Semi SOX ETF chart showing Bitcoin mining stocks tracking semiconductors since April 2026, Source: 1