XRP Ripple Explodes In Korea: XRP Volumes Detonate BTC and ETH on Upbit

The post Bitcoin Retraces As Oil Tanker Attacks in Strait of Hormuz Escalate U.S.-Iran Tensions appeared on BitcoinEthereumNews.com. Bitcoin is down today, falling below the psychological $63,000 level after a rally above $64,000 yesterday. The drop below $63,000 today follows attacks on oil tankers in the Strait of Hormuz, a development that further escalates tensions between the U.S. and Iran. Bitcoin Falls Amid Attack On Oil Tankers In Strait of Hormuz In an X post, the UK Military Center revealed an attack on an oil tanker in the Strait of Hormuz, with the tanker sustaining minor structural damage. This marked the second attack on an oil tanker in the Hormuz Strait today. The UK Military earlier reported about an oil tanker that also suffered structural damage. Meanwhile, there have now been attacks on vessels in the Strait in the last 24 hours. Bitcoin has retraced amid this development that again escalates tensions between the U.S. and Iran, with Qatar accusing Iran of being resp

Bitcoin ETFs reversed a $1.7B outflow streak with $352M in weekly inflows. Here's what the flow data and technicals say about BTC's next move toward $70,000–$73,808. The post Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back? appeared first on 99Bitcoins.

The post 67 Million Americans Hold Crypto as Ripple Executive Pushes for CLARITY Act Rules appeared on BitcoinEthereumNews.com. Key Takeaways: A new report by the National Cryptocurrency Association shows that one in four American adults now owns crypto. 67% of crypto holders aren’t a niche anymore, says Chief Legal Officer & NCA President Stuart Alderoty. Revived the comments as lawmakers still discuss the CLARITY Act, a bill that aims to create a more definitive regulatory structure for digital assets. Washington is unable to wash its hands of crypto because of the magnitude of adoption in the United States, industry leaders say. Stuart Alderoty, the President of the National Cryptocurrency Association and Chief Legal Officer of Ripple, is encouraging policymakers to acknowledge the fact that digital asset users now make up a significant portion of the American populace. Alderoty counters this idea in a recent opinion piece and comments he posted on X, noting that recent data reveals

The post Binance Launches BTC Yield to Provide Bitcoin Holders With Weekly Rewards appeared on BitcoinEthereumNews.com. Key highlights: Binance has launched a product offering Bitcoin holders a weekly yield However, Binance warned that investors can suffer large losses as principal is not protected Bitcoin yield products are surging in popularity with several service providers racing to launch their own versions The Binance crypto exchange has unveiled BTC Yield, a new product that allows long-term Bitcoin holders to generate potential weekly BTC income through an options-based strategy. The launch expands Binance’s growing suite of yield products as exchanges jostle to attract investors seeking passive income without actively trading cryptocurrencies. Covered call strategy powers BTC Yield According to the announcement, users subscribe to BTC Yield by depositing BTC, which is exchanged for BTCY, an asset representing their participation. Binance holds the deposited bitcoins as collate

The post BitMine Expands $10B Ethereum Treasury With $73M ETH Purchase appeared on BitcoinEthereumNews.com. Key highlights: BitMine acquired 42,197 ETH, worth about $73 million, last week The purchase comes amid the recent Ethereum price surge While BitMine continues to purchase ETH, Strategy has sold  $216 million in BTC BitMine Immersion Technologies, the largest Ethereum treasury company holding more than $10 billion in Ether tokens, has further expanded its holdings. Last week, the firm reportedly purchased a staggering 42,197 ETH, worth about $73 million. With this weekly purchase, the company is moving closer to its goal of acquiring 5% of ETH’s total supply. It is worth mentioning that the latest ETH purchase has occurred amid increasing market optimism. While the Ethereum price has been caught within a negative phase during the past few weeks, the token has now surged into a positive zone. BitMine’s Ethereum purchase has further strengthened this bullish market sentiment. BitMi

The post Ethereum Tests $1,796 Breakout While Bitmine Expands ETH Holdings appeared on BitcoinEthereumNews.com. Analyst Ali Martinez says a daily close above $1,796 could trigger an ETH rally toward $2,245. Ethereum reclaiming the 0.8 MVRV band has historically preceded stronger price recoveries.  Bitmine purchased another 42,197 ETH, raising its holdings to 5.74 million ETH. Ethereum is testing one of its most important technical levels of the current cycle, with analyst Ali Martinez pointing to $1,796 as the price that could decide its next major move. According to Martinez, ETH is challenging the 0.8 MVRV Pricing Band at $1,796, which has acted as resistance. A daily close above this level, followed by a successful retest as support, would strengthen the bullish case and shift focus toward Ethereum’s Realized Price of $2,245. The MVRV Pricing Bands chart shows Ethereum trading just below this resistance. Historically, reclaiming the 0.8 MVRV band has often preceded larger recoveries

Galaxy delivered 133 MW of critical IT load to CoreWeave under a 15-year lease. Helios shifted from Bitcoin mining into a revenue-generating AI data center campus. Phase II adds 260 MW as Galaxy targets over $1B in annual revenue from Helios. Galaxy has completed the first phase of power delivery at its Helios data center […] The post Galaxy Delivers 133 MW to CoreWeave as Bitcoin Mine Becomes AI Hub appeared first on Live Bitcoin News.

The potential quantum threat to Bitcoin underscores the urgent need for adopting post-quantum cryptography to safeguard digital assets. The post $470B of Bitcoin at risk from advancing quantum computing appeared first on Crypto Briefing.