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Tag: Cryptocurrencies

Bitcoin Posts Largest Weekly Dollar Gain on Record Amid ETF Inflows and Treasury Buybacks

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Bitcoin posted its largest weekly gain measured in dollars in history, rising $14,264 to close the week ended Aug. 23 at $77,387, according to The Block. The move represented a 22.7% increase over seven days and marked the cryptocurrency’s strongest dollar-denominated weekly performance on record. The advance was supported by renewed institutional demand. U.S. spot bitcoin exchange-traded funds attracted $1.92 billion in net inflows in the...

Bitcoin, Cryptocurrencies, ETF, News

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Shiny Coins #22 – Privacy Coins and Degens Hijack Bitcoin’s Best Week in Years as Greed Floods Back In

Shiny Coins #22 – Privacy Coins and Degens Hijack Bitcoin’s Best Week in Years as Greed Floods Back In

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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...

Altcoins, Bitcoin, Cryptocurrencies

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Zcash Surges Past $800 for First Time Since 2018 as Grayscale Advances Spot ETF Conversion

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Zcash (ZEC) surged as much as 48% to trade above $800 for the first time since January 2018, hitting a high of $851. Grayscale filed its fourth amendment on Aug. 18 to convert its Zcash Trust into a spot ETF on NYSE Arca under ticker ZCSH. A DCG subsidiary is in non-binding talks to contribute approximately 200,000 ZEC, valued at around $163 million. Futures volume hit roughly $4.55 billion on Friday, with open interest near $1.35 billion....

Altcoins, Cryptocurrencies, News

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Grayscale Advances Zcash Trust Conversion Toward ETF with Amendment Filing

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Grayscale Investments has submitted amendment #5 for its Grayscale Zcash Trust, edging the digital asset vehicle closer to a potential spot ETF conversion under ticker $ZCSH. The filing follows a broader industry push by asset managers seeking to transition single-asset cryptocurrency trusts into exchange-traded funds. Privacy-focused assets like Zcash ($ZEC) face unique regulatory scrutiny, making structural developments closely watched by...

Breaking, Cryptocurrencies, News

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Crypto Markets Brace for #FOMCWatch as Traders Weigh Rate Cut Probabilities

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Global crypto markets are closely monitoring the upcoming Federal Reserve announcements under the #FOMCWatch banner, with liquidity conditions hanging in the balance. Traders are aggressively pricing in potential macroeconomic shifts, directly impacting Bitcoin and major altcoin price volatility. Market analysts emphasize that interest rate trajectories will dictate the strength of risk-on assets heading into the final quarters. Digital...

Breaking, Cryptocurrencies, News

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