Tag: Bitcoin
Bitcoin closed the week near the mid-$77,000s after a roughly 23–24% climb from the low $63k region, its strongest weekly performance in years. Total crypto market capitalization expanded into the $2.66–2.72 trillion range. Bitcoin dominance hovered around 57–58.5%, giving alts some room to breathe. The Fear & Greed Index flipped hard from the mid-20s/30s (fear) last week into the low-to-mid 70s (greed), with some readings touching...
Bitcoin Climbs Above $77,000 as Treasury Buybacks Fuel Rally and ETF Inflows
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Bitcoin climbed above $77,000, marking its largest weekly gain since March 2023.
U.S. spot bitcoin ETFs recorded $606 million in net inflows on Aug. 20, the biggest single-day total since May 1.
Ether ETFs added $221 million as short liquidations topped $3 billion over two days.
The move followed the U.S. Treasury’s decision to at least double long-duration bond buybacks starting Sept. 9.
Bitcoin extended its sharp rebound on Friday, pushing...
Bitcoin Surges Past $70,000 as $2.7 Billion in Shorts Liquidate and Spot ETFs Log $517 Million Inflows
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Bitcoin climbed above $70,000 for the first time since early June and later approached $72,000.
Short liquidations reached a record $2.74 billion, with total wipeouts near $3 billion across more than 172,000 traders.
U.S. spot bitcoin ETFs recorded $517 million in net inflows on Aug. 19, the largest since early May; ether ETFs added $189 million.
Key catalysts included the U.S. Treasury doubling long-term bond buybacks and President Trump...
Drop in Hashrate: What Does It Mean for Bitcoin?
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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....
Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs
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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...



