Category Bitcoin (BTC)

Galaxy Digital Launches BTC, ETH, SOL-Backed Credit in 2026

Galaxy

Galaxy launched a portfolio line of credit for GalaxyOne clients, enabling borrowing against BTC, ETH, and SOL without selling. The revolving facility offers HNW investors tax-efficient liquidity, reviving regulated overcollateralized lending post-2022 and positioning $GLXY against Coinbase Prime and Anchorage amid rising institutional demand.

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Ethereum Bullish Surge as BitMine Buys $81M in Top Week

Ethereum

BitMine Immersion Technologies bought $81 million in Ethereum, its largest weekly accumulation since early July, as ETH surged 30%. Chairman Tom Lee called it the start of a larger institutional rotation, highlighting rising corporate treasury demand for Ethereum amid spot ETF inflows and staking yields.

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Bitcoin Jumps 24%—Is Standard Chartered’s $100K Target Too Low?

Bitcoin

Bitcoin has surged nearly 24% in a week, reaching $76,845 and raising questions over Standard Chartered’s $100,000 year-end target. Analyst Geoffrey Kendrick attributed much of the rally to short liquidations but said recovering U.S. spot Bitcoin ETF inflows could provide additional support for the broader recovery.

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Bitcoin Price May Bottom Between September and November: VanEck 

Bitcoin Price

VanEck says Bitcoin may be approaching an accumulation phase after eight of its 12 capitulation indicators remained active on Aug. 12. The asset manager expects September to November to be an important period for Bitcoin’s next market phase, although it cautions that historical signals cannot precisely identify a bottom. Improving U.S. spot Bitcoin ETP inflows could also support the outlook, while declining long-term holder balances remain an important factor to watch.

Read MoreBitcoin Price May Bottom Between September and November: VanEck