Bitcoin News
By Sakamoto Nashi
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Dollar Weakness Adds Fuel. The U.S. Dollar Index — DXY, for those tracking it — dropped to 99.29 early Monday.
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Bitcoin's Quiet Shift Under the Surface. Yusuf Fakhro, a partner at ARP Digital, pointed to something worth watching: U.S.
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Zcash Tachyon Upgrade Moves Forward. Elsewhere in crypto, Zcash is pushing ahead with its Tachyon upgrade.
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HIVE moved fast Monday. The company's stock shot up 9% in pre-market trading after it locked in a $350 million, five-year GPU cloud contract — the kind of deal that changes a…
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The contract pushes HIVE's contracted annual recurring revenue to roughly $180 million. The company wants to hit $200 million by Q4 of 2026, and right now that target doesn't…
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The U.S. Dollar Index — DXY, for those tracking it — dropped to 99.29 early Monday. That's its lowest print since June 5, and it's a clean break from the upward grind that…
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Bitcoin itself was hovering near $63,500, stuck in a range between $60,000 and $64,000 that's held for a while now. On the surface that looks like stagnation.
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Yusuf Fakhro, a partner at ARP Digital, pointed to something worth watching: U.S. spot ETFs absorbed over 14,000 BTC by August 7, making it the strongest inflow stretch since May.
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But trading volumes haven't followed. Spot and perpetual volumes are at multi-year lows. Thin. Really thin. And yet demand keeps coming in.
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See also: Chainlinks Bitwise ETF Pulls $1.5 Million as LINK Jumps 13.48% in One Week
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Perpetual open interest has stayed above 300,000 BTC all summer. High open interest, low volume — that's a loaded setup.
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The dollar's slide adds another layer. Sustained DXY weakness tends to push investors toward assets outside the greenback's orbit.
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Elsewhere in crypto, Zcash is pushing ahead with its Tachyon upgrade. The focus is on scaling shielded payments — the privacy-preserving transactions that are Zcash's core…
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Quantum readiness is becoming a more common conversation across crypto projects. It's still early, probably years from being a real threat, but teams that wait too long to…
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Read also: UBS Boosts Bitcoin ETF Call Options 24-Fold While Cutting Put Exposure by Half
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