The post Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer appeared on BitcoinEthereumNews.com.
Tether, the firm responsible for the leading stablecoin USDT, made waves by transferring four Bitcoin (BTC), valued at around $250,000, from its reserves to Binance. This move, highlighted by an EmberCN analysis, suggests a potential shift in Tether’s usual practice of regularly acquiring Bitcoin with a slice of its earnings. Continue Reading:Stablecoin Giant Tether Shifts Bitcoin Strategy with Recent Binance Transfer Source: https://en.bitcoinhaber.net/stablecoin-giant-tether-shifts-bitcoin-strategy-with-recent-binance-transfer
The post Hedera HBAR Shows Mixed Trading Signals Amid Network Upgrade and Binance Launch appeared on BitcoinEthereumNews.com.
Hedera HBAR’s trading activity is ambiguous in view of the upcoming network upgrade and Binance launch. Even though the market is buzzing on the enterprise and network upgrade front, Hedera (HBAR) has been exhibiting a reserved price action. The recent trading volume is a result of the integration with Binance, token unlocks, and asset developments in the real world. Analysts point out that HBAR is facing supply issues and developing its ability to tokenize assets. HBAR was trading at $0.0702 with slight gains after the recent announcements. Staking flows, enterprise adoption, and token unlocks are being monitored to look for next directional moves. HBAR Price Holds Amid Network Upgrades Recently, Hedera released network upgrade v0.74, which temporarily halted exchange trading. The upgrade improves the basic network performance and security, while exchanges rest
The collapse underscores the volatility risk in Bitcoin treasury models, highlighting the need for diversified assets and robust market strategies.
The post $1.5B Bitcoin treasury raise scrapped as SPAC vehicle loses its premium appeared first on Crypto Briefing.
The post Bitcoin Reclaims $64K as Spot ETF Flows Turn Positive After 8 Weeks appeared on BitcoinEthereumNews.com.
Bitcoin News Spot Bitcoin (BTC) exchange-traded funds have flipped back to net inflows, ending an eight-week outflow streak that had drained more than $8 billion from the products. Fund-flow data shows roughly $200 million entered US spot Bitcoin ETFs last week, the first positive weekly print in two months, led by a single-day intake of $265.7 million on Monday. Ether funds turned the same corner, absorbing $84.4 million in their strongest week since April. The reversal coincided with a roughly 3% weekly gain that carried BTC back above the $64,000 mark, hinting that institutional demand is stabilizing after a punishing quarter. Bitcoin has defended $64,000 for the better part of a day, extending a gradual recovery off the July 1 flush that briefly printed a multi-year low beneath $58,000. On-chain and order-flow data show the asset rebounded to reclaim $60,000, pushed to
The post Micron’s $250B AI-Chip Investment Signals Risk-On Backdrop for Bitcoin appeared on BitcoinEthereumNews.com.
Crypto News Micron Technology has raised its planned US manufacturing and research commitment to $250 billion, up from an earlier $200 billion target, in a move US President Donald Trump announced on July 9 via Truth Social. Trump framed the expanded outlay as evidence of what he calls the “Trump Effect,” projecting roughly 100,000 American jobs. Chief Executive Sanjay Mehrotra confirmed the acceleration, saying the memory-chip maker is running ahead of schedule on domestic capacity. The upgraded figure stretches the build-out timeline to 2035 and positions Micron as one of the largest single corporate manufacturing pledges tied to the current push to reshore semiconductor production onto American soil. The commitment moved from paper to concrete this week as Micron poured the first foundations at its Clay, New York campus, formally breaking ground on a DRAM megafab. The
The post Strategy Sells 3,588 Bitcoin (BTC) for $216M in First Major Sale appeared on BitcoinEthereumNews.com.
Bitcoin News Strategy has sold 3,588 Bitcoin (BTC), generating $216 million to fund dividends on its digital credit securities, in what the company confirms is its first large-scale disposal. As of July 6, the firm still held 843,775 BTC alongside $2.55 billion in cash, according to the company’s own disclosure. The proceeds cover second-quarter dividends on STRF, STRE, STRK and STRD plus June’s STRC payment. Michael Saylor framed the sale through his BTC Breakeven ARR metric, arguing that if Bitcoin compounds above 3.3% annually, capital gains can sustain STRC dividends indefinitely — and that even at 0% growth the treasury holds 31 years of funding. The batch equals roughly 0.4% of holdings. Corporate demand stayed firm despite the divestment: public companies added a net 7,314 BTC in June, worth about $427 million at the month’s close. Firms bought roughly 8,992 BTC and sol
The post Metaplanet Explores Bitcoin-Backed Digital Credit With JPYC And Progmat appeared on BitcoinEthereumNews.com.
The corporate Bitcoin treasury model pioneered by MicroStrategy is evolving. In Japan, a company explicitly modeled after that playbook—Metaplanet—is now studying whether it can borrow against its Bitcoin stack instead of just holding it. According to a report by WuBlockchain, Metaplanet has launched a feasibility study with stablecoin issuer JPYC, tokenization platform Progmat, and its own securities subsidiary to design Bitcoin-backed digital credit products. The concept combines three elements: Bitcoin as collateral, stablecoins for on-chain settlement, and Progmat’s tokenization infrastructure to enable 24/7 issuance and interest payments. No issuance volumes or timelines have been set, and the parties emphasized that the study is only a first step. But the direction is clear: Metaplanet wants to turn illiquid Bitcoin reserves into a source of working capital withou
The post Hyundai’s ‘real world adoption of USDT’ cut transfers to 7 minutes: Details appeared on BitcoinEthereumNews.com.
South Korean automaker Hyundai is doubling down on stablecoins for internal transfers between its subsidiaries. During its testing stage, the automaker saw faster transfers between U.S and Mexico subsidiaries. Instead of the typical 4 hours or more for traditional interbank transfer methods, the firm said it took about 7 minutes to transfer Tether’s USDT between its two offices. Commenting on the test, Hyundai hailed stablecoin transfers as offering “overwhelming speed and superior stability” to conventional methods. The pilot involved Hyundai Motors Group-owned credit card firm Hyundai Card, Avalanche, Tether and payment integrator Axiym. Source: Hyundai For his part, Paolo Ardoino, Tether CEO, billed the move as an impressive “real world adoption of USDT.” Bo Hines, CEO of Tether U.S., scored the Hyundai move as “what the future of finance looks like.” At the en