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 Japanese Businesses Turn to Cryptocurrency as Yen Flounders appeared on BitcoinEthereumNews.com. With the Japanese yen approaching its weakest point in 40 years, a new trend is emerging among Japanese corporations: diversifying their traditionally cash-heavy reserves by embracing cryptocurrencies like Bitcoin and XRP. SBI Holdings, a significant player in the crypto market through its subsidiary SBI VC Trade, has reported a substantial increase in interest from institutional […] Continue Reading:Japanese Businesses Turn to Cryptocurrency as Yen Flounders Source: https://en.bitcoinhaber.net/japanese-businesses-turn-to-cryptocurrency-as-yen-flounders
Read full articleUSOIL just hit a two-week peak after Trump's latest statement.
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
The post 40% of Altcoins Trade Near Record Lows appeared on BitcoinEthereumNews.com. The post 40% of Altcoins Trade Near Record Lows appeared first on Coinpedia Fintech News Around 40% of altcoins are trading at less than 25% of their all-time highs, according to the source, highlighting continued weakness across the broader cryptocurrency market. The figure reportedly rose to 45% when Bitcoin fell below $60,000 in late June. The trend suggests many smaller cryptocurrencies continue to struggle despite recent market rebounds. Investors will … Source: https://coinpedia.org/crypto-live-news/40-of-altcoins-trade-near-record-lows/
The post XRP Price Prediction: Bears Own the Chart — Can $1.06 Hold or Is $1.01 the Next Stop? appeared on BitcoinEthereumNews.com. Caroline Bishop Jul 08, 2026 07:35 XRP is trading at $1.09, pinned below every major moving average with a flatlined MACD and a sub-50 RSI — this is distribution, not accumulation. Without a decisive daily close above $1.12, the pat… XRP’s Technical Reality Check Let’s not dress this up. XRP at $1.09 is a chart that has one story, and it’s not a bullish one. Price is sitting below the 7-day SMA at $1.13, below the 20-day SMA at $1.10, below the 50-day SMA at $1.18, and well below the 200-day SMA at $1.47. When you’re trading under every single meaningful moving average on the daily, you’re not “consolidating” — you’re in a controlled bleed with sellers defining every bounce. The MACD is the critical read right now. The histogram has zeroed out completely while both the MACD and signal lines are locked at -0.0162. This is not a bullish cro