Traders are most bullish on the US dollar in over 10 years, and Bitcoin should pay attention

The post Japanese Yen rises as US jobless claims fail to support US Dollar appeared on BitcoinEthereumNews.com. USD/JPY trades lower near the 162.30 area on Thursday, retreating from recent highs as the Japanese Yen (JPY) recovers some ground. The US Dollar (USD) fails to receive support from stronger-than-expected United States (US) labor market data. US Initial Jobless Claims fell to 215K, below expectations of 218K and the previous 217K, while the four-week average eased to 218.75K from 222.5K. The data suggests that layoffs remain limited, helping the Greenback avoid deeper losses. However, Continuing Jobless Claims rose slightly to 1.814 million from 1.806 million, showing that workers are taking longer to find new jobs. In Japan, attention turns to the June Producer Price Index (PPI) set to be released early on Friday. The monthly reading is expected to rise 0.3%, slowing from 0.9% previously, while the annual figure is expected to accelerate to 6.8% from 6.3%. Stronger producer

The post Strategy Sets Q2 Earnings for July 30, 2026 appeared on BitcoinEthereumNews.com. Strategy sets July 30 for Q2 2026 results and a live investor webinar as Bitcoin treasury and software updates come into focus. Strategy Inc. will release its second-quarter 2026 financial results on Thursday, July 30, after U.S. markets close.  The company will host a live investor webinar at 5:00 p.m. Eastern Time on the same day. The call will stream through Zoom, X, and YouTube, giving investors several ways to follow management’s update.  A replay will also be posted on Strategy’s investor relations website after the event ends. Strategy remains closely watched because it is the largest corporate holder of bitcoin. Its quarterly results often draw attention from investors tracking corporate Bitcoin treasury models. The company also operates an AI-powered enterprise analytics software business under its “Intelligence Everywhere” strategy.  Therefore, the Q2 call may cover both bitcoin capital

Cashu's offline Bitcoin transactions via NFC could revolutionize digital payments, enhancing privacy and accessibility in low-connectivity areas. The post Cashu app enables offline bitcoin transactions via NFC technology appeared first on Crypto Briefing.

The post Bitcoin Reclaims 63k but Traders Fear Correction Before Deribit Expiry appeared on BitcoinEthereumNews.com. Bitcoin (BTC) reclaimed the $63,000 mark on Thursday, but traders fear a correction ahead of Friday’s $1.4 billion options expiry on Deribit. The concerns stem from the US government bond yield climbing toward a level that many view as a warning sign. Is the $62,000 support level at risk? Key takeaways: Rising US Treasury yields signal debt concerns, negatively pressuring risk assets. Balanced Bitcoin options put-to-call volumes suggest limited downside from the $62,000 level. US 10-year Treasury yield (left) vs. Bitcoin/USD (right). Source: TradingView Bitcoin ETF outflows are not a concern ahead of the Bitcoin options expiry The 10-year Treasury yield’s approach to 4.6% signals investor anxiety over the expansion of US government debt and prospects for further monetary policy expansion to avert an economic recession. Bitcoin has felt the impact, trading sideways while

The post Bitcoin’s New Debt Machine Is Facing Its First Major Test appeared on BitcoinEthereumNews.com. Public companies kept stacking Bitcoin in June, but the month’s real story played out in a corner of the market that did not exist a couple of years ago: the preferred shares that treasury firms now use to fund their coin purchases.  A new report from BitcoinTreasuries.net calls June the first true stress test for this “digital credit” market, and the results offer a mixed but telling verdict on where corporate Bitcoin adoption goes next. First, the buying. Public treasuries added close to 9,000 BTC before sales in June, or about 7,300 BTC on a net basis, worth some $427 million at the month-end price of $58,398. That counts as moderate growth, and two names did most of the work.  Michael Saylor’s Strategy added 3,625 BTC net, and Strive added 3,364, with each company spending in the neighborhood of $200 million.  Strip out those two and the rest of the field bought about 2,000 BTC.

The post Visa breaks higher after completing A-B-C correction, wave five targets new highs appeared on BitcoinEthereumNews.com. Visa has delivered a very clean and almost textbook retracement from the 2025 highs. The decline unfolded as a clear three-wave A-B-C correction, reaching the 293–300 support zone, where we were looking for the completion of the pullback and a reaction from the previous gap area. Since then, price has developed a series of higher swing lows and has broken above the corrective channel resistance near 345, providing further confirmation that bullish momentum is returning. This suggests that wave five could now be underway, with the potential to push toward new yearly highs and possibly extend toward the 400 area. VISA Daily Chart In the short term, a temporary pullback would not be surprising. The broken corrective channel could now act as support around 342, while the Elliott Wave Oscillator may retrace toward the zero line, creating a potential setup for the n

The post Silver Price Forecast: XAG/USD remains stuck in a bearish channel appeared on BitcoinEthereumNews.com. Silver (XAG/USD) snaps a three-day losing streak on Thursday as a mildly weaker US Dollar (USD) and a pullback in US Treasury yields lend support to the precious metal. At the time of writing, XAG/USD trades around $60.30, up 3.38% on the day. Despite the intraday rebound, XAG/USD maintains a bearish structure, with a series of lower highs and lower lows since mid-May. The metal also trades below its key moving averages and is about 50% below its record high near $121 set in January. The metal is struggling to stage a sustained recovery as macroeconomic headwinds cap the upside. Renewed hostilities in the Middle East have revived concerns over energy-driven inflation, reinforcing expectations that the Federal Reserve (Fed) may need to raise interest rates. Higher borrowing costs tend to weigh on non-yielding metals because they become less attractive relative to interest-bear

The post US Dollar: Tariff passthrough keeps inflation pressure alive – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy. Nearly half of tariff-paying companies expect further hikes, with gradual pricing and fixed contracts extending adjustment and complicating disinflation. Tariffs extend U.S. inflation timeline “The New York Fed said in its July 8 Liberty Street Economics post that more tariff passthrough still lies ahead for many U.S. firms. Drawing on regional business surveys, the institution reported that nearly half of firms that pay tariffs directly are still planning further price increases, with some expecting to raise prices six months or more from now.” “It said roughly 47% of service firms and 44% of manufactu