The altcoin depression: Ex-BTC/ETH market down 23%

The post Wells Fargo loads up on Strategy while trimming BlackRock Bitcoin ETF appeared on BitcoinEthereumNews.com. Wells Fargo has expanded its exposure to Strategy while reducing part of its BlackRock Bitcoin ETF position, according to its latest regulatory filing that also shows larger investments across Ethereum and Solana-linked products. Summary Wells Fargo increased its Strategy stake by 125% while trimming its BlackRock Bitcoin ETF holding. The bank boosted Ethereum ETF exposure, added Solana funds, and expanded positions in Bitmine and Robinhood. SEC filings also show reduced stakes in Coinbase and Galaxy Digital despite broader crypto market exposure. According to the bank’s latest filing with the U.S. Securities and Exchange Commission, the $2.5 trillion asset manager increased its holding in Michael Saylor’s Strategy (MSTR) by 125% to nearly 726,000 shares, adding roughly $41.5 million in exposure. At the same time, the filing shows the bank reduced its position in BlackRoc

The post Michael Saylor Drops Strategy Risk Calculator: How Many Years Can Firm Last Without Bitcoin Rally? appeared on BitcoinEthereumNews.com. Strategy, led by Michael Saylor, has launched an interactive credit model that allows investors to calculate the resilience of its debt obligations in real time. The release came just two days after the company officially confirmed the sale of 3,588 BTC worth $216 million to secure dollar liquidity and payments on preferred shares. The publication of the simulator seems to be Michael Saylor’s direct response to renewed Wall Street discussions about the risks of his business model, designed to show analysts exactly how many years the company can hold out without a Bitcoin rally.  Digital Credit is transparent because the principal market risk factor is Bitcoin, an observable, homogeneous asset. Analysts can assess BTC-related credit risk continuously, and investors can apply their own statistical models to inform valuation and trading decisions

The post New Hampshire Council Rejects $100 Million Bitcoin-Backed Bond appeared on BitcoinEthereumNews.com. The New Hampshire Executive Council rejected a plan on Wednesday to authorize a $100 million bond backed by Bitcoin, killing a proposal that state officials had cast as a first-in-the-nation bid to draw digital finance to the Granite State. The New Hampshire councilors voted 3-2 against it, according to reporting from The Boston Globe. The New Hampshire Business Finance Authority and Governor Kelly Ayotte had promoted the bond as “groundbreaking” and “historic.” The deal would have stood as the world’s first Bitcoin-backed municipal bond. The plan had cleared Moody’s ratings and reached the Executive Council for its final vote before issuance. The council did not share that enthusiasm. Karen Liot Hill, the lone Democrat, framed her opposition as caution rather than hostility.  “I’m not opposed to Bitcoin or cryptocurrency in general,” she told The Boston Globe. “But I do think t

This week, Strategy founder and bitcoin bull Michael Saylor turned to X to argue that Bitcoin has “no spam problem,” pointing to persistently low network fees as evidence for his position. Saylor’s remarks arrive amid an increasingly heated debate within the Bitcoin community over BIP-110, a proposed soft fork designed to limit non-monetary data recorded […]

MARA Holdings has agreed to purchase a sizable plot of land in Texas to power its Bitcoin mining and growing AI compute ambitions.

The post Ethereum Eyes Critical Price Levels as Market Stays Uncertain appeared on BitcoinEthereumNews.com. Ethereum’s price has been stuck in a tight trading range, struggling to surpass the $1,826 resistance, while repeatedly testing support around the $1,580 mark. This situation has paved a challenging path for the broader market, which remains indecisive amidst persistent volatility. Continue Reading:Ethereum Eyes Critical Price Levels as Market Stays Uncertain Source: https://en.bitcoinhaber.net/ethereum-eyes-critical-price-levels-as-market-stays-uncertain

The post Over $7.2 Billion Migrates From LayerZero To Chainlink CCIP As Mantle Joins The Exodus appeared on BitcoinEthereumNews.com. The multi-billion-dollar renovation of crypto’s cross-chain plumbing just picked up speed. More than $7.2 billion in total value has now migrated from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a wave that now includes Mantle, the Ethereum layer-2 network, as its most recent participant. The flows were detailed in the original report on the migration event. The movement isn’t a one-off. Projects Kelp and Lombard each brought over $1 billion when they made the switch earlier. Solv Protocol, Virtuals, Re, and tokenized assets from Kraken have also shifted their cross-chain messaging to CCIP. The sheer scale turns a series of protocol decisions into something that looks like a structural preference pivot—not just a change of vendor, but a bet on which interoperability standard will anchor the next phase of on-chain finance. For us

Hyperscale Data's significant Bitcoin holdings may increase stock volatility, reflecting broader trends in corporate treasury strategies. The post Hyperscale Data buys another 100 Bitcoin, crosses the 1,000 BTC milestone appeared first on Crypto Briefing.