Bitcoin Treads Water on Independence Day – Markets and Prices Bitcoin News
Bitcoin’s price remained stagnant during U.S. Independence Day, showing little movement despite macroeconomic events that typically influence cryptocurrency markets.
US Dollar Primed To Weaken Further Amid the Worst First-Half-Year Performance Since 1973: S&P Global – The Daily Hodl
The US dollar had its worst first-half performance since 1973, weakening due to tariffs, Fed independence threats, rising debt, and inflation fears, with further decline expected.
Many Companies Copying Michael Saylor’s BTC Playbook Risk ‘Death Spiral’: Report – “The Defiant”
VC firm Breed warns companies copying Michael Saylor’s Bitcoin treasury strategy risk failure in bear markets, especially those with high debt and low MNAV premiums, potentially causing systemic risks.
How a Hacker Spent Only $2.7K to Steal $140 Million From Brazilian Banks – Decrypt
Hackers stole $140M from Brazilian banks by paying $2.7K for an employee’s credentials, laundering funds via Bitcoin, Ethereum, and Tether in the country’s largest digital heist.
Bitcoin retail investor demand is not gone; they’re piling into the spot BTC ETFs
Retail investors are increasingly investing in Bitcoin through spot ETFs, with investment advisors and hedge funds managing significant shares on their behalf. ETFs now hold $135 billion in BTC, showing strong indirect retail demand.
Turkish authorities block PancakeSwap in crackdown on crypto websites
Turkish authorities blocked PancakeSwap and other crypto websites for unauthorized services, citing Capital Markets Law. The crackdown is part of Turkey’s stricter crypto regulations.
This Critical Binance Metric Suggests Incoming Surprises for Bitcoin: What You Need to Know
Binance’s net taker volume exceeded $100 million ahead of the US NFP report, signaling aggressive Bitcoin buying. Strong jobs data reduced rate cut chances, potentially impacting crypto markets.
Fundstrat’s Tom Lee Says Ethereum Should Be ‘Worth a Lot More Money,’ Outlines ETH’s Path to $10,000 – The Daily Hodl
Fundstrat’s Tom Lee argues Ethereum is undervalued, suggesting it could reach $10,000 due to its role in hosting major projects like Circle’s stablecoins, which justify a higher valuation.
Mexican billionaire says sell your home, buy Bitcoin as fiat nears collapse
Mexican billionaire Ricardo Salinas urges selling homes to buy Bitcoin, warning of fiat currency collapse. He advocates Bitcoin’s scarcity over real estate, citing inflation risks and government monetary policies.
Macro Meets Crypto: CPI, Fed Rates & BTC Dominance
The article explores how macroeconomic indicators like CPI, inflation, and Fed rates now significantly influence Bitcoin and crypto markets, mirroring traditional asset behaviors.
