New Hampshire rejects $100M Bitcoin-backed bond proposal

The post Why Is Bitcoin Price Up Again Today? appeared on BitcoinEthereumNews.com. The crypto market is closing out the week on firmer footing. $BTC is climbing back toward a closely watched level as regulatory optimism in the US and a major traditional-finance move offset lingering worries over ETF flows and macro pressure. Here is a breakdown of the crypto news today and what is moving the bitcoin price. What Is the Bitcoin Price Today? The btc price today sits at roughly $63,950, up around 1.2% over the past 24 hours and about 4% across the week, extending a rebound from late-June lows near $58,000. That run brings $BTC within reach of $64,000, a level it briefly cleared earlier in the week before easing back. Bitcoin price today in USD The recovery has firmed even as its footing stays thin. Institutional futures activity has thinned and downside options protection has turned unusually expensive, leading some derivatives traders to read the setup as a late-stage washout rather than

The post XRP price jumps 2% on bitcoin strength as buyers push through $1.10 resistance appeared on BitcoinEthereumNews.com. • The main breakout came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average. • The move carried XRP to an intraday high of $1.1065 before price stabilized near $1.1020-$1.1040. • A later 60-minute spike reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052 before profit-taking slowed the move. Technical Analysis • The key development is that XRP cleared the $1.0950-$1.1000 area after several sessions of range-bound trading. • The breakout was supported by volume, which gives the move more weight than the earlier low-volume attempts above resistance. • Higher lows through the session show buyers are stepping in earlier, with $1.0880 acting as the main support level during pullbacks. • The post-breakout hold near $1.1020-$1.1040 is constructive because XRP did not immediately lose the $1.10 area after the s

Bitcoin's correlation with USD/JPY highlights the need for crypto investors to consider forex dynamics, impacting diversification strategies. The post Bitcoin remains strong in USD but lags in JPY amid Bank of Japan intervention fears appeared first on Crypto Briefing.

The post Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight appeared on BitcoinEthereumNews.com. Key Takeaways Bitdeer is building a $36M Nevada plant to produce 10,000 Sealminer units monthly by 2026. Sealminer efficiency targets weak mining margins as hashprice stays near historic lows. Bitdeer is expanding U.S. manufacturing and AI infrastructure to strengthen long-term growth. Bitdeer Targets 10,000 Monthly Sealminer Units With New $36 Million Nevada Factory Bitdeer is moving ahead with a major U.S. manufacturing push, breaking ground on a $36 million advanced electronics facility in Sparks, Nevada, even as bitcoin mining economics remain near historic lows. The 187,000-square-foot plant will be the company’s first domestic manufacturing and assembly site in the U.S. It is expected to be completed by the end of 2026 and is designed to produce 10,000 Sealminer units per month. Bitdeer said the project will create about 70 local jobs across

Bitdeer has begun construction on a $36 million electronics manufacturing facility in Sparks, Nevada, its first U.S. assembly site for Sealminer machines. Bitdeer Targets 10,000 Monthly Sealminer Units With New $36 Million Nevada Factory Bitdeer is moving ahead with a major U.S. manufacturing push, breaking ground on a $36 million advanced electronics facility in Sparks, […]

The post Bitcoin demand stays weak despite $1B USDT injection – Here is why! appeared on BitcoinEthereumNews.com. Bitcoin is showing a textbook spot-versus-derivatives divergence. However, how this setup plays out depends on the broader macro environment. In a risk-on market, higher derivatives activity can support more upside. In a risk-off market, rising leverage increases the risk of a sharp correction. Recent U.S.-Iran uncertainty brought macro FUD back into the market.  However, the Crypto Fear & Greed Index held above extreme fear. That resilience has revived the debate over whether BTC’s bear market could be nearing its end. History, however, tells a different story. As the chart shows, Bitcoin’s current bear market has lasted 248 days. By comparison, the 2022 bear market lasted 381 days, while the 2018 one lasted 385 days, suggesting the current cycle may still have further room to run. Source: CoinGecko Institutional positioning also supports that view.  As the market flipped

Bitmine's ETH accumulation strategy could influence market dynamics and investor sentiment, echoing MicroStrategy's impact on Bitcoin. The post Bitmine acquires 20,500 ETH for $36M from Galaxy Digital as it closes in on 5% of total supply appeared first on Crypto Briefing.

The post BTC, ETH price news: What next as bitcoin zips to nearly $64,000 appeared on BitcoinEthereumNews.com. “Once liquidations begin to drive price action, the market can move faster than real demand would justify,” said Shawn Young, chief analyst at MEXC Research, who is watching how bitcoin trades inside the $60,000 to $63,000 band now that the first recovery is in. MSCI’s Asia Pacific equities gauge climbed 1.4% as investors moved back into semiconductor shares on renewed optimism over AI demand, cutting the week’s loss to under 1%. South Korea’s Kospi, a bellwether for AI investment, jumped 4%. SK Hynix was among the winners after pricing $26.5 billion of American depositary shares, one of the largest share sales of the year. Gains were further extended as yen strengthened 0.6% and long-dated Japanese government bond yields fell after Finance Minister Satsuki Katayama said the government wants pension funds to increase their holdings of domestic assets. Bloomberg’s dollar gauge