Smarter Web Company finalizes $178M reserves for Bitcoin-backed stock

Whale wallets absorbed $16.7B of Bitcoin at the lows while spot ETFs posted record outflows. Both sides of the great hands transfer, and the tape to watch.

The post Bitcoin (BTC) Enters a Critical Zone: Will Buyers Fuel a Breakout or Surrender $60K? appeared on BitcoinEthereumNews.com. Bitcoin price is holding near $61K. The downtrend is taking over the macro trend. Bitcoin is holding onto its bullish divergence despite a recent minor market correction, signalling that the broader upward trend is likely to continue. While there is a simultaneous potential for a bearish divergence to emerge, which forms part of a market reversal, the existing bullish structure remains valid and active. Currently, the largest asset is trading within the $61,930 range, following a minor 1.24% loss in value. Despite this slight dip, the immediate market impact is a state of cautious consolidation rather than panic selling. Notably, the key line in the sand for buyers is $61,000.  As long as Bitcoin maintains its footing above this critical baseline, the upward momentum remains intact, keeping the doors wide open for the market to test higher price targets. Al

The post Bitcoin (BTC) price climbs to $63,000 as markets shrug off Iran airstrikes: Crypto Markets Today appeared on BitcoinEthereumNews.com. The crypto market bounced back from a mid-week lull on Thursday, with bitcoin BTC$62,627.85 rising by 1.2% since midnight UTC to $63,000 while ether (ETH) advanced 0.75% to $1,755. The move tracked U.S. stock market gains, as Nasdaq 100 index futures added 2.6% over the past 24 hours despite the escalation of tensions between the U.S. and Iran. U.S. Central Command said it hit 90 military targets in the latest round of airstrikes, which took place 24 hours after President Donald Trump said the ceasefire was over. Markets initially sold off at the time, but crypto remained resilient, rallying from oversold territory to extend a relatively hot streak since the turn of the month. Bitcoin is now 9% higher than June’s monthly close and a selection of altcoins has continued to outperform with lighter (LIT) and ether.fi (ETHFI) surging by around 35% ov

In Q2, Europe posted its strongest quarter in four years for venture funding, Crunchbase data shows. All told, Europe-based startups raised $24 billion in the just-ended quarter, up around a third quarter over quarter and two-thirds higher than the $14.4 billion raised in Q2 2025.

The post Is Bitcon price rebound a dead cat-bounce? appeared on BitcoinEthereumNews.com. Although Bitcoin (BTC) price rebounded on July 9 amid an erosion of the TACO (Trump always chickens out) trade’s edge, the risk of a Bitcoin price crash remains palpable within the crypto community. Over the past 30 days, Bitcoin price has been trapped in horizontal consolidation around $62,750 amid a tug-of-war between spot investors and derivatives traders. As such, Bitcoin price remains in a multi-month bear market, with lower lows and lower highs already confirmed year-to-date (YTD). BTC price YTD chart. Source: Finbold The recent BTC price rebound from a crucial support level around $60,000, as Finbold explained, has been fueled by increased demand for its futures market. Notably, BTC’s futures demand has rebounded from around -295,000 BTC to slightly positive territory, per data from CryptoQuant. BTC spot and perp futures demand growth for 30 days. Source: CryptoQuant. With spot demand still

UK's persistent inflation challenges could drive investors towards traditional assets, impacting crypto's appeal amid high opportunity costs. The post UK faces more entrenched inflation problem than US and Europe, and crypto investors should care appeared first on Crypto Briefing.

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

Manchester United's stadium project could redefine UK sports infrastructure, influencing urban development and sports-crypto partnerships. The post Manchester United’s £2 billion stadium is the biggest sports infrastructure bet in UK history appeared first on Crypto Briefing.