Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher
Bitcoin (BTC) surged over 23% toward $79,000, and Ether crossed $2,400 after the US Treasury announced expanded bond buybacks. Standard Chartered predicts BTC could reach $100,000 by year-end, contingent on holding above $65,500. Metaplanet is expanding its Bitcoin treasury strategy to the US via a deal with Super League Enterprise. Cypherpunk Technologies invested $33 million in Zcash mining, controlling 18% of the network's hashrate.
How this was made

The 30-second read
Why it matters
The Treasury action provides a fresh liquidity source, likely sustaining crypto price gains, while corporate mining expansions signal longer‑term industry growth.
Market read
New Treasury policy and corporate mining deals create immediate trading opportunities in Bitcoin and Zcash.
What to watch
Regulatory scrutiny on crypto and potential Fed policy shifts could dampen the upside.
Background
The article links a novel US Treasury buyback program to a sharp rise in Bitcoin and discusses related corporate moves in the crypto space.
Ticker impact
US Treasury announced doubling of long‑dated bond buybacks, driving Bitcoin up >23% to $79k.
BTC likely to test $85k‑$90k in the short term.
Historical correlation between Treasury liquidity actions and crypto rally; technical level at $65.5k supports upside.
Cypherpunk Technologies acquired a $33M Zcash mining fleet, increasing its hash‑rate share to ~18%.
ZEC could stabilize around $150‑$180 range.
Mining expansion depends on ZEC price; short‑term impact limited.
Market effects
Treasury liquidity boost may benefit broader digital asset sector and related mining firms.
US‑based crypto markets likely see heightened inflows, while global miners adjust exposure.
Potential ripple effect on global crypto pricing and institutional crypto exposure.
Counterpoint
If Treasury policy is seen as temporary, the rally could reverse sharply on profit‑taking.
Key entities
- governmentUS Treasury
Announced doubling of long‑dated bond buybacks.
- companyCypherpunk Technologies
Acquired Zcash mining fleet for $33M.




