The post Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke appeared on BitcoinEthereumNews.com.
Key Takeaways Peter Schiff said bitcoin’s gold correlation was never real as BTC trades above $64,000. Schiff has cited gold up 9% and the Nasdaq up 13% this year while bitcoin declines against both. Schiff warns of a bitcoin ‘slow death’; bulls counter the drawdown is a bear phase, not a verdict. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to be digital gold if it never traded like gold in the first place. The Euro Pacific Asset Management chief economist has spent months building the case. Image source: X His core exhibit has been performance comparisons, as in an earlier post, Schiff highlighted: “So far in 2026, gold is up 9%, silver is up 11%, the NASDAQ is up 13%, the Russell 2,000 is up 14%, while Bitcoin is down 11%. Congratula
The post Bitcoin Pushes Above $64K as $96M in Bearish Bets Collapse and Momentum Rebuilds appeared on BitcoinEthereumNews.com.
Key Takeaways On July 10, bitcoin surged to $64,653, reversing losses from Middle East tensions. The sudden rally forced a massive $170 million in short liquidations across the crypto market. Bitunix Analyst warns bitcoin’s macro trend relies on holding the critical $64,000 level. Bitcoin Erases Geopolitical Losses On Friday, bitcoin breached $64,000, entirely erasing the mid-week losses triggered by sudden geopolitical escalations in the Middle East. After trading just under $62,800 on Thursday afternoon, the cryptocurrency climbed steadily to hit an intraday peak of $64,653 just after 9:50 a.m. EST. Although it dipped slightly below the $64,000 mark at the time of writing (12:35 a.m. EST), bitcoin still secured a 2% gain on July 10, pushing its market capitalization back above $1.28 trillion. This rally lifted the broader crypto market cap to $2.28 trillion—a
Empery Digital sold 1,400 BTC at an average price of $62,200, raising $87.1M. The company will use proceeds for debt repayment, property deals, and legal expenses. Empery Digital is shifting focus toward AI data centers and energy infrastructure. Empery Digital has sold 1,400 Bitcoin for approximately $87.1 million as the Nasdaq-listed company redirects capital toward […]
The post Empery Digital Sells 1,400 BTC to Repay Debt and Fund AI Expansion appeared first on Live Bitcoin News.
The post Trump signals new Iran talks as Bitcoin surges past $64K appeared on BitcoinEthereumNews.com.
Bitcoin has climbed above the $64,000 level after U.S. President Donald Trump confirmed that the United States has agreed to continue talks with Iran following a new request from Tehran. Summary Trump confirmed the U.S. will continue talks with Iran after a new request from Tehran. Bitcoin climbed above $64,000 as markets reacted positively to the diplomatic update. Polymarket still places the odds of a U.S.-Iran nuclear deal by year-end at just 38%. According to a post by President Trump on Truth Social, Iran asked to resume discussions with the United States, and Washington agreed to continue negotiations. At the same time, Trump stated that the ceasefire was over, indicating that diplomatic engagement would continue despite the end of the truce. “The Islamic Republic of Iran has asked us to continue “talks.” We have agreed to do so, but the United States has stated to them, in no u
Bitcoin erased its mid-week, geopolitically driven losses on Friday, surging 2% to an intraday peak of $64,653 and lifting the total crypto market cap to $2.28 trillion. Bitcoin Erases Geopolitical Losses On Friday, bitcoin breached $64,000, entirely erasing the mid-week losses triggered by sudden geopolitical escalations in the Middle East. After trading just under $62,800 […]
Bitcoin has climbed above the $64,000 level after U.S. President Donald Trump confirmed that the United States has agreed to continue talks with Iran following a new request from Tehran. According to a post by President Trump on Truth Social,…
The post Bitcoin Price Faces Fresh Risk As Japan’s GPIF Repatriation Threat Sparks Market Fears appeared on BitcoinEthereumNews.com.
The post Bitcoin Price Faces Fresh Risk As Japan’s GPIF Repatriation Threat Sparks Market Fears appeared first on Coinpedia Fintech News For months, the Bitcoin price has ridden on improving liquidity and institutional demand. But one macro trigger now being discussed could change that equation quickly. If Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with more than $1.8 trillion in assets, begins shifting heavily into domestic investments by selling foreign stocks and … Source: https://coinpedia.org/news/bitcoin-price-faces-fresh-risk-as-japans-gpif-repatriation-threat-sparks-market-fears/
The post A 12-Year-Old Bitcoin Dispute Returns as BIP-110 Divides the Community appeared on BitcoinEthereumNews.com.
Nakamoto CEO David Bailey has resurfaced a 2014 controversy involving developer Luke Dashjr. He argues the record disqualifies Dashjr from steering Bitcoin (BTC) as the BIP-110 fight intensifies. The claim revives a dispute over blacklists Dashjr once built into a version of Bitcoin’s software. It resurfaces as he backs BIP-110, his proposed one-year ban on storing images and other non-money data on Bitcoin. Bailey Points to a 12-Year-Old Blacklisting Incident On Friday, Bailey wrote that Dashjr secretly added Bitcoin address blacklists to the Gentoo Linux package he maintained in 2014. Back in 2014 Luke secretly added bitcoin address blacklisting to Gentoo repository. His judgement cannot be trusted to run a trillion dollar asset as sole maintainer. I’m not denying he’s a brilliant person, but anyone with eyes can see it’s a non-starterhttps://t.co/r0Btv1ZrWZ — David Ba
The post SK Hynix Shatters Records with $26.5B US IPO Debut appeared on BitcoinEthereumNews.com.
TLDR Friday’s session saw the Dow rise 0.1%, S&P 500 remain unchanged, and Nasdaq decline 0.2% South Korean chipmaker SK Hynix secured $26.5 billion through its American stock offering, setting an all-time record for foreign companies Semiconductor sector experienced downward pressure before SK Hynix’s Nasdaq trading debut Crude oil maintained levels around $72 per barrel as Strait of Hormuz shipping experienced renewed disruptions Delta Air Lines exceeded profit forecasts but shares declined due to elevated fuel expenditures American equity markets displayed varied performance Friday morning as market participants focused on an unprecedented Wall Street milestone. South Korean memory semiconductor manufacturer SK Hynix commenced Nasdaq trading following a record-shattering $26.5 billion American stock offering. This unprecedented capital raise establishes a new benchmark as the most substa