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The post Satoshi’s Bitcoin Saved? Digital Chamber Steps In to Protest $240 Billion Court Seizure appeared on BitcoinEthereumNews.com. The Digital Chamber, a lobbying organization for the crypto industry, has filed an expert amicus brief with the New York State Supreme Court, urging the court to dismiss a lawsuit seeking to classify 3.8 million BTC as “abandoned property.” The reason for the lawyers’ emergency intervention was an unprecedented lawsuit filed by an anonymous claimant, identified in court documents under the judicial pseudonym Noah Doe, who is trying to use New York’s 1958 lost-property law, Personal Property Law Article 7-B, to obtain rights to 39,069 inactive crypto wallets. Table of contents of Digital Chamber’s second amicus brief to NY Supreme Court, Source: Unified State Court System The list also includes addresses linked to Bitcoin creator Satoshi Nakamoto, while the total value of the Bitcoin at risk is estimated at $240 billion. Ripple Exec: Washington Can’t Igno
Read full articleRenewed inflows into Bitcoin and Solana ETFs suggest potential market stabilization and increased investor confidence in crypto assets. The post Bitcoin and Solana ETFs see renewed inflows after heavy selling appeared first on Crypto Briefing.
Bitcoin's resilience highlights its market strength, while miners' AI pivot risks overexposure to volatile tech sectors, impacting investor strategies. The post Bitcoin price remains resilient as mining stocks sink 20% appeared first on Crypto Briefing.
With BTC reclaiming the $60,000 level on July 1, market experts believe the plunge may have been a failed breakdown rather than a sustained leg lower.
The post Coinbase Bitcoin Premium Hits 50-Day Record Slump appeared on BitcoinEthereumNews.com. Coinbase Bitcoin Premium Index stays negative for 50 days as BTC trades near $64K-$65K resistance after rebounding from $58K. The Coinbase Bitcoin Premium Index has stayed negative for 50 days, according to Coinglass data. The streak began on May 19 and is now the longest on record. The latest reading is -0.0742%, showing Bitcoin trades lower on Coinbase than Binance. This gap is often used to track U.S. market demand. The previous record lasted 40 days, from January 16 to February 24. The current streak has also passed the roughly 30-day run seen during the “1011 crash.” Meanwhile, Bitcoin has rebounded from $58,000 to $59,000 toward the $64,000 to $65,000 zone. Still, the weak premium keeps U.S. demand concerns in focus. Coinbase Bitcoin Premium Hits Record Negative Run The Coinbase Bitcoin Premium Index tracks the price gap between Coinbase and Binance. A negative reading means Bitcoin t
The post New Hampshire’s $100 Million Bitcoin-Backed Bond Faces Final Vote appeared on BitcoinEthereumNews.com. New Hampshire’s plan to issue what backers call the world’s first Bitcoin-backed municipal bond goes before the state’s Executive Council on Wednesday, the last approval the $100 million project needs before it can move forward, The Boston Globe reported today. Governor Kelly Ayotte, who has called the effort “historic,” and the five-member council will hold a public hearing Wednesday morning at the request of James Key-Wallace, executive director of the New Hampshire Business Finance Authority. Key-Wallace asked the council to find the proposal feasible and beneficial to the public and to authorize the quasi-governmental agency to proceed. He has said the model would position the state as “a global leader in responsible crypto finance.” The structure differs from a conventional municipal bond in a key respect: no public money is at stake. Rather than the government repaying
The post Bitcoin’s Evolving Path: Balancing Institutional Interest and Market Uncertainties appeared on BitcoinEthereumNews.com. Bitcoin‘s current trading price reflects a complex environment distinct from previous cycles, with market dynamics exhibiting unique challenges despite a notable decrease from its all-time high. This period has not mirrored the vigorous momentum typical of prior bullish markets, despite the 2025 rally. Continue Reading:Bitcoin’s Evolving Path: Balancing Institutional Interest and Market Uncertainties Source: https://en.bitcoinhaber.net/bitcoins-evolving-path-balancing-institutional-interest-and-market-uncertainties
Coinbase Bitcoin Premium Index stays negative for 50 days as BTC trades near $64K-$65K resistance after rebounding from $58K. The Coinbase Bitcoin Premium Index has stayed negative for 50 days, according to Coinglass data. The streak began on May 19 and is now the longest on record. The latest reading is -0.0742%, showing Bitcoin trades […] The post Coinbase Bitcoin Premium Goes Negative for 50 Days as Demand Fears Rise appeared first on Live Bitcoin News.
Strategy's Bitcoin sale aims for a credit rating boost, potentially lowering borrowing costs and signaling financial discipline to investors. The post Strategy sells 3,588 Bitcoin to chase S&P credit rating upgrade appeared first on Crypto Briefing.
