MemeCore (M) Plunges Hard Again, Bitcoin (BTC) Eyes $63K: Market Watch

The post 5 Key Reasons Bitcoin’s Price Remains Under Heavy Pressure appeared on BitcoinEthereumNews.com. One of the critical metrics has been in the red for over 50 days now. Although it has rebounded by $5,000 since its July 1 low at under $58,000, bitcoin remains in a highly pressured market structure that has halted each major breakout attempt. There are good reasons for that, of course, as multiple factors have aligned to keep it suppressed. Here are five of them. Macro Landscape The first reemerged yesterday when the US and Iran broke the ceasefire and initiated new attacks against each other in the Middle Eastern region. The actual threat came hours later when, during a NATO meeting, US President Donald Trump said he believes the memorandum of understanding between the two nations is over. A new wave of attacks followed earlier this morning before Trump claimed, once again, that Iran wanted a peace deal ‘badly’ and had resumed contact. However, similar statements have been made

The post Ethereum price holds $1,750 as Middle East tensions and $1,800 wall cap recovery appeared on BitcoinEthereumNews.com. Ethereum price has remained pinned near $1,750 after renewed Middle East tensions triggered a risk-off mood across financial markets and sellers once again defended the $1,800 resistance zone. Summary Ethereum price remains stuck near $1,750 as Middle East tensions keep risk appetite subdued across crypto markets. Repeated rejection at $1,800 and heavy liquidation clusters continue to block a sustained ETH breakout. A break below $1,750 could expose $1,700, while reclaiming $1,800 may trigger a short squeeze toward $2,000. According to data from crypto.news, Ethereum (ETH) price traded around $1,756 on Wednesday after failing to sustain multiple attempts above $1,800 during the past week. The latest rejection followed U.S. airstrikes on Iranian military targets after Iran reportedly fired on civilian shipping near the Strait of Hormuz, sending investors toward

Ethereum price has remained pinned near $1,750 after renewed Middle East tensions triggered a risk-off mood across financial markets and sellers once again defended the $1,800 resistance zone. According to data from crypto.news, Ethereum (ETH) price traded around $1,756 on…

Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remained the clear bright spot, drawing $70.5 million for a fifth straight day of inflows, while HYPE stayed positive and both solana and XRP funds moved lower. Grayscale’s GBTC Leads $84.9 Million Bitcoin […]

The post Robinhood Chain Flips Base To No.2 Spot on Uniswap, Trails Only Ethereum appeared on BitcoinEthereumNews.com. Robinhood Chain has done what few Layer 2 networks manage in a full year, all in eight days. The Arbitrum-powered network logged $500 million worth of trading volume on Uniswap on July 8th. With $100 million in total value locked (TVL) and nearly 200,000 cumulative addresses, it makes the second-biggest Uniswap deployment by 24-hour trading volume, trailing only Ethereum mainnet. DeFiLlama data shows that the total value locked (TVL) on the platform surpassed $106 million, marking an increase of 159% within a 24-hour period. Ethena and Morpho Drive the TVL Surge Morpho is the lending protocol that runs the estimated 7% annual percentage yield (APY) on USDG deposits for Robinhood Earn, with almost $90 million of Robinhood Chain’s total value locked (TVL) held on the platform. Ethena’s $50 million single-day deposit into a vault managed by Steakhouse Financial on Morpho

The post RWA news: A DEX trader holds $1 million EUR/USD bullish bet for 400 Days appeared on BitcoinEthereumNews.com. The term “HODLing,” crypto slang for buying and holding an asset for a long time, has historically been associated almost exclusively with bitcoin BTC$62,946.60 and ether (ETH). One trader has now applied the same long-term approach to perpetual futures tied to the euro-dollar pair (EUR/USD) listed on the decentralized exchange (DEX) Ostium, which is powered by Nasdaq data. A trader has held a long position in EUR/USD worth $1,139,490 for 400 days, Ostrium said on Tuesday. The bullish bet, expecting the euro to strengthen against the U.S. dollar, was opened around early June 2025. EUR/USD traded above 1.14 as of this writing, largely unchanged from where it was in June last year, but it did rise as high as 1.2082 in January this year. Onchain FX trading offered by platforms such as Ostium, Gains Network, Synthetix, GMX, and others remains a very tiny fraction of the gl

The post Bitcoin Price Fragile as Demand Fails to Outpace Issuance appeared on BitcoinEthereumNews.com. The Bitcoin price is trading at around $63,000, up a modest +0.5% over the past 24 hours, and the chart tells a story that optimists are struggling to reframe. Volume has slipped roughly 8% from the prior session, spot ETF flows are back in the red, and the apparent demand metric, the difference between new issuance and supply inactive for over a year, has remained negative throughout 2026. Analyst Darkfost flagged that apparent demand is at roughly -75,000 BTC, an improvement from the year’s trough of -275,000 BTC but still firmly negative, indicating that long-term holder accumulation is not absorbing miner-created supply. 🔴 Apparent demand has stayed negative for almost the entire year. The dynamic remains unchanged and perfectly illustrates the current weakness in Bitcoin demand. Today the market is seeing a slight improvement, helping BTC consolidate at these levels. 💥 On June

One of the critical metrics has been in the red for over 50 days now.