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Drop in Hashrate - What Does It Mean for Bitcoin

Drop in Hashrate: What Does It Mean for Bitcoin?

In mid-August 2026, Bitcoin’s network hashrate sits roughly 17% below its all-time high. Trackers show it retreating from a late-2025 peak above one zettahash per second into a range near 850–920 exahashes per second. Difficulty has followed, posting year-over-year declines for only the second time in the network’s history. Public miners are redirecting power and capital toward artificial-intelligence data centers. Hashprice has compressed....

Bitcoin, Main

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Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs

Goldman Sachs has agreed to acquire NEOS Investments in a cash-and-equity deal valued at up to $2.25 billion, subject to performance targets. The transaction adds NEOS’s $30 billion in options-based income ETFs, including bitcoin and ether high-income products, to Goldman Sachs Asset Management. NEOS’s flagship Bitcoin High Income ETF (BTCI) holds roughly $1.1 billion in assets and uses a covered-call strategy on bitcoin ETPs. The...

Bitcoin, Cryptocurrencies, ETF, News

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Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion

Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262 Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385 The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares Bitcoin treasury company Strategy sold 1,690 BTC...

Bitcoin, Cryptocurrencies, News

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Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI

Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday. Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

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Crypto Market Holds Steady Amid CLARITY Act Delay and ETF Strength

Bitcoin and the broader crypto market traded in a tight range this week near $64,000-$65,000 as regulatory uncertainty collided with resilient institutional demand. The U.S. Senate’s decision to postpone the CLARITY Act vote until after the August recess removed a key near-term catalyst, yet spot Bitcoin ETFs recorded roughly $750 million in net inflows—the strongest weekly haul since April—while whales accumulated over 20,000 BTC. CLARITY...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

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