Solana Breaks Year-Long BTC Downtrend as Bulls Target $100 Soon

The post Tim Draper Rejects Claims of Moving $62M Bitcoin as Transfer Report Surfaces appeared on BitcoinEthereumNews.com. Key Insights: • Tim Draper denies moving Bitcoin after $62M transfer report.• He reaffirms $250K Bitcoin target within one year forecast.• Dave Portnoy said he is losing millions as Bitcoin falls. A report from blockchain analytics platform Lookonchain linked a wallet possibly tied to billionaire investor Tim Draper to a transfer of 1,000 Bitcoin (BTC) worth about $61.82 million to Coinbase Prime. The movement drew attention across the crypto market. However, Draper denied moving any Bitcoin and said he has not touched his holdings. The development comes as separate commentary from Dave Portnoy highlighted ongoing losses in Bitcoin trading activity. Tim Draper Moves Bitcoin | Source: Lookonchain, X Lookonchain Flags Large Bitcoin Transfer to Coinbase Prime The report from Lookonchain stated that a wallet possibly connected to Tim Draper sent 1,000 Bitcoin to Coinba

The post Vanguard Digital Assets Lead New Strategy Shift appeared on BitcoinEthereumNews.com. For years, Vanguard was the firm that wouldn’t budge on crypto — the giant that blocked customers from buying spot Bitcoin and Ether ETFs while rivals raced to launch their own. Now, the Vanguard digital assets story is moving in a very different direction. Key takeaways Vanguard is actively searching for a head of digital assets to build and lead its strategy on tokenization, stablecoins, blockchain infrastructure, and client-facing products. The new executive will develop a multi-year digital asset roadmap and represent Vanguard in regulatory and industry discussions. As recently as August 2024, CEO Salim Ramji stated Vanguard would not launch crypto ETFs, calling it a matter of not copying competitors. In December 2025, Vanguard quietly reversed course on access, allowing brokerage clients to trade crypto ETFs and mutual funds on its platform. Vanguard manages approximately $12.5 trillion i

The post Could Polymarket’s $6.5mln lawsuit reshape prediction-market disputes? appeared on BitcoinEthereumNews.com. Two Polymarket traders, William Wood and Thomas Bush, have sued the prediction market platform for breach of contract. The dispute is linked to the market tracking whether Strategy would sell Bitcoin by May.  Per the filing, Wood and Bush held the ‘Yes’ share of the binary market, betting that Strategy would sell BTC by the 31st of May. Indeed, the firm confirmed it sold 32 BTC in a SEC filing between 26th and 31st May.  Instead of resolving the market to ‘Yes’ based on the disclosure, the platform added new language and concluded it was a ‘No’ after a final review by UMA vote. For Wood and Bush, this was a breach of contract.  Source: Polymarket Plaintiffs allege Polymarket breached contract The plaintiffs, represented by Burwick Law, noted that Polymarket posted new “clarifying” language after the disclosure. The question was now reframed from whether Strategy sold Bit

The post MicroStrategy Stock Price Outlook for July 2026: Will MSTR Recover? appeared on BitcoinEthereumNews.com. MicroStrategy stock (MSTR) has bounced about 29% off its late-June low, even shrugging off news that the company sold Bitcoin. Yet the rebound is running on fading volume and still-negative money flows. That gap between a rising price and cautious money is why this bounce looks fragile. The Bounce Looks Strong, But the Volume is Fading After sliding from about $197 in mid-May to roughly $82 by late June, MSTR has bounced about 29%. The stock even held firm after Strategy, the company formerly known as MicroStrategy, confirmed it sold roughly 3,588 Bitcoin, and it climbed alongside Bitcoin’s 7% rebound. That bounce is about four times the size of Bitcoin’s, an early sign that MSTR now swings much harder than the coin it is supposed to track. Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here. However, the buying is thinning out. Trading v

The post Solana’s $8.7B RWA surge shows tokenized assets are finally starting to move appeared on BitcoinEthereumNews.com. Solana’s real-world asset transfer volume more than doubled over the past month, giving the network a stronger signal that tokenized assets are beginning to circulate rather than sit on-chain after issuance. RWA.xyz showed Solana’s RWA 30-day transfer volume at $8.68 billion as of July 6, up 105.76% from 30 days earlier. Distributed asset value rose 36.27% over the same period to $3.48 billion. Solana’s own data showed a similar increase in turnover in a related market. The network said tokenized asset spot volume across decentralized exchanges grew from $2.69 billion in the first quarter to $5.7 billion in the second quarter. A year earlier, the figure was near zero. Solana Tokenized Asset Spot Volume (Source: Blockworks) Those figures are becoming more important as tokenization moves beyond early pilots. A tokenized fund share, equity wrapper or cash-equivalent i

The post New Hampshire Lawmakers to Hold Hearing on $100M Bitcoin Bonds appeared on BitcoinEthereumNews.com. The New Hampshire Secretary of State’s office announced that lawmakers would discuss issuing $100 million in bonds backed by Bitcoin (BTC) at a public hearing. In an update to the New Hampshire governor and executive council agenda, the state’s Business Finance Authority (BFA) has scheduled a meeting for Wednesday regarding the proposed issuance of $100 million in BTC-backed bonds. The BFA approved the bond in November 2025, saying that it planned to issue the vehicles upon approval from Governor Kelly Ayotte and the state’s five-member executive council. “This is an innovative way to bring more investment opportunities to our state and position us as a leader in digital finance without risking state funds or taxpayer dollars,” said Ayotte on the bonds, following the BFA approval.  The potential high-value Bitcoin-backed bonds signaled the US state’s move toward friendlier digit

The post European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List appeared on BitcoinEthereumNews.com. Clearstream, the major European post-trade services provider and subsidiary of the Deutsche Börse Group, has expanded its cryptocurrency custody footprint.  The firm has announced the addition of a roster of new cryptocurrencies, including the Ripple-linked XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). These new digital assets join Bitcoin (BTC) and Ether (ETH).  According to the firm, this expansion caters to the growing demand for MiCA-compliant (Markets in Crypto-Assets) digital assets within institutional finance. European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List Ripple Exec: Washington Can’t Ignore Crypto Initial entry into crypto  Clearstream is one of the world’s largest settlement and custody firms. It provides infrastructure securities across 60 different markets. In early 20

The post Bitcoin Miners Drop 20% as Mining Stocks Trade Like Semiconductors appeared on BitcoinEthereumNews.com. Bitcoin News Publicly listed Bitcoin (BTC) mining equities tumbled roughly 20% this week, yet Bitcoin itself largely sidestepped the damage, according to a July 7 research note. The drop hit miners as investor appetite for artificial intelligence and semiconductor names cooled sharply, dragging down shares that markets have increasingly repriced as compute infrastructure. While Bitcoin held broadly flat over 24 hours, the miner cohort absorbed the full brunt of the rotation. The divergence underscores how equity exposure to ASIC mining operators no longer moves cleanly in lockstep with the underlying coin, a shift with direct consequences for investors who treated the stocks as leveraged Bitcoin bets. The core finding is that miners now trade as AI infrastructure companies rather than pure Bitcoin proxies. Their share prices respond to chip supply chains and data-center comp